Shipwaves Online

About the Company

Shipwaves Online Limited began in 2015 as Shipwaves Online Private Limited and became a public company in 2022. It provides a single, integrated platform for global shipping and logistics across ocean, land, and air. The company offers two core services: Digital Freight Forwarding—end-to-end multimodal transport with real-time tracking, automated documentation, and customs support; and Enterprise SaaS Solutions—tools for supply chain visibility, analytics, demand forecasting, and process automation. Together, these offerings help businesses move cargo efficiently, cut costs, and gain full control over their logistics operations.

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.