Dachepalli Publishers

About the Company

Shipwaves Online Limited, founded in 2015 and converted to a public company in 2022, operates as a unified digital logistics platform for global shipping across ocean, air and land. The company provides end-to-end digital freight forwarding with online booking, instant quotes, real-time shipment tracking, automated documentation, customs clearance and multimodal cargo movement. Its tech-driven approach enables businesses to move shipments worldwide with speed, transparency and cost efficiency.

Strengths

• Experienced promoters and qualified management team with over 40 years’ logistics expertise.
• Integrated digital platform offering multimodal freight forwarding and Enterprise SaaS solutions.
• Strong export revenue and long-standing relationships with key clients and suppliers.
• Ability to provide end-to-end logistics services including real-time tracking, automated documentation, and customs clearance.
• Growing presence with domestic offices and a UAE subsidiary supporting international expansion.

Risks

• Company, promoters, and group entities involved in multiple litigations and tax proceedings.
• High dependency on top customers; top five contribute a major share of revenue.
• Reliance on third-party transporters exposing it to operational delays and service quality risks.
• Common pursuits by promoter group entities creating potential conflicts of interest.
• Exposure to changes in import–export laws, geopolitical issues, and intense competition in logistics market.