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Shipwaves Online Ltd

Registered Office : 18-2-16/4(3) 3rd Flr Mukka -,Corp.Hse 1st Crs.Attavara Daks,Mangalore Karnataka 575001 Phone : +91 95381 49978
Fax :

Email : secretarial@shipwaves.com

Website : www.shipwaves.com

Initial public offer of up to 4,69,60,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Shipwaves Online Limited (the "Company" or the "Issuer") for cash at a price of Rs. 15/- per equity share, including a share premium of Rs. 14/- per equity share (the "Issue Price"), aggregating to Rs. 70.44 crores ("The Issue"), of which 23,52,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 15/- per equity share, aggregating to Rs. 3.53 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 4,46,08,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 15/- per equity share, aggregating to Rs. 66.91 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 33.19 % and 31.53 % respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Re. 1/- each and the issue price is Rs. 15/- each i.e., 15 times of the face value of the equity shares. The minimum lot size is 8,000 equity shares.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

15.00

0.00

Minimum Application for shares in Nos : 8000.0 Further Multiples of : 8000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

63.47

70.44

14.15

15.00

Finshore Management Services Ltd

Projects

To meet working capital requirements of issuer company

Investment in subsidiary for funding its working capital requirements

Repayments and/or pre-payment in full or part of certain borrowings availed by the issuer company

General corporate expenses

Promoted By

Kalandan Mohammed Haris

Kalandan Mohammed Althaf

Kalandan Mohammed Arif

Listing At

BSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd