Shipwaves Online To Launch ₹56.3Crore IPO On December 10, Fresh Issue Aims To Boost Working Capital And Repay Debts
Published on: Dec. 7, 2025, 10:33 a.m. | Source: Free Press Journal
The IPO is entirely a fresh issue of a little over 4.69 crore equity shares aggregating worth Rs 56.35 crore. The net proceeds from the fresh issue will be used by the company to fund its working capital requirements, investment in subsidiary for funding its working capital requirements, repayment of debt, and issue expenses.
