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Shipwaves Online IPO Makes Flat Debut at ₹12 on BSE SME Platform
Shipwaves Online's IPO made a flat debut at ₹12 per share on the BSE SME platform, with no grey market premium and modest subscription.
Shipwaves Online made a flat debut on the BSE SME platform on December 17, 2025, listing at its IPO price of ₹12 per share. The digital logistics company raised ₹56.35 crore through its IPO, consisting entirely of a fresh issue of 4.7 crore equity shares. Despite a modest subscription, the stock opened flat with zero grey market premium (GMP), signaling a cautious response.