Shipwaves Online SME IPO Subscription Status
Shipwaves Online SME IPO closed on 12 December 2025 with an overall subscription of 1.70x based on shares applied. retail at 2.92x.
Allotment will be finalised on 15 December 2025. The stock is scheduled to list on NSE and BSE on 17 December 2025.
Issue Price
Rs 12.00
GMP Today
-
Overall Subscription
1.70x
Issue Size
₹53.53 Cr
Allotment Date
15 Dec 2025
Listing Date
17 Dec 2025
Shipwaves Online SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 12.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| Other | Rs 26.76 Cr | Rs 12.49 Cr | 0.47x |
| NII | - | Rs 12.49 Cr | - |
| bNII (above Rs 10L) | - | Rs 4.85 Cr | - |
| sNII (Rs 2L to Rs 10L) | - | Rs 7.64 Cr | - |
| IND | Rs 26.77 Cr | Rs 78.29 Cr | 2.92x |
| Fixed price | - | Rs 78.29 Cr | - |
| Total | Rs 53.53 Cr | Rs 90.78 Cr | 1.70x |
Shipwaves Online SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| Other | 743 | 198 | 0.27x |
| NII | - | 198 | - |
| bNII (above Rs 10L) | - | 18 | - |
| sNII (Rs 2L to Rs 10L) | - | 180 | - |
| IND | 1,116 | 3,262 | 2.92x |
| Fixed price | - | 3,262 | - |
| Total | 1,859 | 3,460 | 1.86x |
What Do These Subscription Numbers Mean?
A subscription of 1.70x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
At 2.92x subscription by applications, approximately 1 in 3 retail applicants can expect an allotment (~34% per application). Retail allotment is done by lottery when oversubscribed.
Shipwaves Online SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 2.92x.
- •Allotment odds: about 1 in 3 (~34% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
Check the Shipwaves Online SME IPO Allotment Status page from 15 December 2025 for your allotment result.
Shipwaves Online SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Dec 2025 | - | 0.23x | 0.67x | 0.45x |
| Day 2 - 11 Dec 2025 | - | 0.27x | 1.76x | 1.02x |
| Day 3 - 12 Dec 2025 | - | 0.36x | 2.92x | 1.64x |
Shipwaves Online SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 December 2025 |
| IPO Close Date | 12 December 2025 |
| Allotment Date | 15 December 2025 |
| Refund Initiation | 16 December 2025 |
| Share Credit to Demat | 16 December 2025 |
| Listing Date | 17 December 2025 |
| Minimum Investment | Rs 2,40,000.00 |
| Lot Size | 10000 shares |
About Shipwaves Online SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Shipwaves Online SME IPO Subscription FAQs
What is Shipwaves Online SME IPO subscription status today?
Shipwaves Online SME IPO subscription closed on 12 December 2025 with overall subscription of 1.70x (by shares) as of 27 June 2026, 3:17 AM IST. QIB N/A, NII N/A, IND 2.92x.
What is the overall subscription of Shipwaves Online SME IPO?
Shipwaves Online SME IPO is subscribed 1.70x overall by shares at close on 12 December 2025. QIB N/A, NII N/A, and IND 2.92x.
What is Shipwaves Online SME IPO QIB subscription?
QIB subscription for Shipwaves Online SME IPO will appear here once institutional bids are recorded.
What is Shipwaves Online SME IPO IND subscription?
Shipwaves Online SME IPO IND subscription is 2.92x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Shipwaves Online SME IPO NII subscription?
NII subscription for Shipwaves Online SME IPO will be updated during the subscription window.
What are allotment chances in Shipwaves Online SME IPO for retail?
At 2.92x subscription by applications, approximately 1 in 3 retail applicants can expect an allotment (~34% per application). Allotment is done by lottery.
When is Shipwaves Online SME IPO allotment date?
Shipwaves Online SME IPO allotment date is 15 December 2025. Check Shipwaves Online SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shipwaves Online SME IPO subscription close?
Shipwaves Online SME IPO subscription closed on 12 December 2025. No new applications are accepted after the close.
What is Shipwaves Online SME IPO GMP today?
GMP for Shipwaves Online SME IPO is not available yet. Track Shipwaves Online SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Shipwaves Online SME IPO issue price and lot size?
Shipwaves Online SME IPO issue price is ₹12 per share. Lot size is 10000 shares. Minimum investment is ₹2,40,000 per lot (minimum 2 lots for SME). Issue size: ₹53.53 Cr.
When is Shipwaves Online SME IPO listing date?
Shipwaves Online SME IPO listing date is 17 December 2025 on NSE and BSE. Allotment is on 15 December 2025.
How does subscription affect Shipwaves Online SME IPO allotment?
Allotment odds in Shipwaves Online SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.70x overall, competition is moderate.
For allotment results from 15 December 2025, visit the Shipwaves Online SME IPO Allotment Status page. For listing day updates on 17 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.