What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Shipwaves Online Limited IPO?

Shipwaves Online Limited IPO has received a total subscription of 1.70 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Shipwaves Online Limited

ListedSME

Logistics & Supply-Chain · BSE

Shipwaves Online Limited, incorporated in 2015, is a digital freight forwarding and enterprise SaaS solutions company that provides a unified platform for global shipping and logistics. It offers multimodal transportation across ocean, land, and air, along with services like digital freight forwarding, enterprise SaaS solutions for real-time data insights, and additional support such as trade finance, insurance, warehousing, customs clearance, and relocation. With a team of 35 employees as of February 28, 2025, the company focuses on delivering efficient, cost-effective, and reliable logistics management worldwide

Price Band

₹12

Issue Size

₹56.35 Cr

Lot Size

10000 shares

GMP

—

Est. Listing

₹12

at current GMP

Subscribed

1.70x

overall

Open

10 Dec 2025

12 Dec 2025

Allotment

15 Dec 2025

Refund

16 Dec 2025

Demat Credit

17 Dec 2025

Listing

17 Dec 2025

Last updated 11 months ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.70x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.47x

High Net-Worth

Retail (RII)

2.92x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.70x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	22,300,000	10,410,000	0.47x
RETAIL	22,310,000	65,240,000	2.92x
Total	44,610,000	75,650,000	1.70x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.97x

Category	Applications Reserved	Applications Received	Times Subscribed
NIB	—	197	0.00x
RETAIL	1,116	3,261	2.92x
HNIs (2-10L)	743	195	0.26x
Total Applications	1,859	3,653	1.97x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Shipwaves Online Limited Public Issue & Market Profile

Shipwaves Online Limited is bringing an initial public offering (IPO) in the Logistics & Supply-Chain sector with an aggregate issue size of ₹56.35 Crores. The shares are offered at a price band of ₹12 to ₹12 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-12-12, the basis of allotment is scheduled to be finalized on 2025-12-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Shipwaves Online Limited IPO GMP today?

Currently, Shipwaves Online Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹12 to ₹12 per equity share.

What is the expected profit per lot for Shipwaves Online Limited IPO?

The retail lot size is 10000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹12 per equity share.

What is the issue size and price band for Shipwaves Online Limited IPO?

The Shipwaves Online Limited IPO aggregate issue size is ₹56.35 Crores with an equity price band set at ₹12 to ₹12 per equity share. The retail lot size is 10000 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Shipwaves Online Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.70x (Retail: 2.92x, QIB: 0.00x, NII: 0.47x). You can track live multiples directly on our dedicated subscription page.

Where and when will Shipwaves Online Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-12-15. Investors can verify status using PAN card or application number.

When is the listing date for Shipwaves Online Limited IPO?

Shipwaves Online Limited shares are scheduled to list on BSE on 2025-12-17.