Shipwaves Online's Rs 56.3-cr SME IPO opens Dec 10 at Rs 12/share

• Shipwaves Online's Rs 56.3 crore SME IPO opens on December 10 and closes on December 12.
• The IPO is priced at Rs 12 per equity share, involving a fresh issue of over 4.69 crore shares.
• Proceeds will fund working capital, subsidiary investments, debt repayment, and general corporate purposes.
• Shipwaves Online, incorporated in 2015, provides end-to-end multimodal logistics solutions and an AI-driven SaaS platform.
• The company's shares are tentatively scheduled to list on the BSE SME platform on December 17.

Why It Matters: This IPO offers a chance to invest in Shipwaves Online.