Description

BSE announces the listing of 14,14,95,000 equity shares of Shipwaves Online Limited following its SME IPO, with various lock-in periods ranging from 1 to 3 years.

Summary

BSE has listed equity shares of Shipwaves Online Limited following its SME IPO. The total post-IPO share capital consists of 14,14,95,000 fully paid equity shares in demat form, with various tranches subject to lock-in periods ranging from December 2026 to December 2028.

Key Points

  • Total shares post-IPO: 14,14,95,000 fully paid equity shares
  • All shares are in demat form (distinctive numbers are for presentation purposes only)
  • Multiple lock-in tranches with varying durations:
    • 3,30,61,750 shares locked until December 30, 2026
    • 2,82,99,000 shares locked until December 30, 2027
    • 4,69,60,000 shares locked until December 30, 2028
  • Small portion of shares (4,12,500) available as free IPO shares with shorter lock-in

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

  • Shareholders must comply with lock-in period restrictions based on their share allocation
  • Lock-in periods vary by tranche, with end dates of December 30, 2026, 2027, and 2028
  • Shares cannot be traded during their respective lock-in periods

Important Dates

  • Listing Date: December 16, 2025
  • Lock-in Start Dates: December 10-12, 2025 (varies by tranche)
  • Lock-in End Dates:
    • First tranche: December 30, 2026
    • Second tranche: December 30, 2027
    • Third tranche: December 30, 2028

Impact Assessment

Market Impact: Minimal. This is a routine SME IPO listing with standard lock-in provisions. The majority of shares (approximately 75.7 million shares) are subject to lock-in for 1-3 years, which will limit immediate trading volumes.

Investor Impact: New investment opportunity in the SME segment. Lock-in periods ensure stability and commitment from promoters and early investors. Free float will be limited initially due to extensive lock-in provisions.

Impact Justification

Routine SME IPO listing announcement affecting only one small company with standard lock-in provisions