About Shipwaves Online Limited
Data last updated: 03 January 2026
Shipwaves Online Limited is a public limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It specialises in online service marketplaces, a part of the broader internet and digital services sector. Incorporated on 27 February 2015, the company has been in operation for over 11 years.
Registered with ROC Bangalore under CIN U74900KA2015PTC079072.
Capital: an authorised share capital of ₹29 Cr and a paid-up capital of ₹14.15 Cr. Formerly known as Shipwaves Online Private Limited. It is led by directors including Kalandan Mohammed Haris and Kalandan Mohammad Arif.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 18 – 2 – 16/4(3) 3Rd Floor Mukka Corporate House 1St Cross Attavara, Mangalore, Karnataka, India – 575001.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.28 Cr, a growth of 40% compared to the previous year.
The company has a workforce of approximately 25 employees as per the latest available data.
The company is associated with 1 brand - Shipwaves. As per MCA filings, the company has open charges of ₹35.85 Cr and satisfied charges of ₹7.72 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shipwaves.com.
-
Email**************
-
Telephone**************
-
Website**************
-
Social Media
-
Apps
-
Registered Address18 – 2 – 16/4(3) 3Rd Floor Mukka Corporate House 1St Cross Attavara, Mangalore, Karnataka, India – 575001
-
IndustryInternet, Online Service Marketplaces
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shipwaves Online Limited
Shipwaves Online Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74900KA2015PLC079072, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74900KA2015PLC079072 | Current |
| U74900KA2015PTC079072 | Previous |
| U74900KA2015PLC079072 | Previous |
Associated Brands with Shipwaves Online Limited
Shipwaves Online Limited operates one associated brand: ShipWaves. These brands represent Shipwaves Online Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides digital platforms for freight forwarding and enterprise logistics solutions. | shipwaves.com |
Competitors & Alternatives of Shipwaves Online Limited
Brands and companies operating in the same space as Shipwaves Online Limited include Wiz, Forto, Flexport and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Cloud security posture and application protection are managed across environments. | New York, United States, United States | 2020 |
|
|
Tech-enabled freight forwarding services for multi-modal cargo transport are provided. | Berlin, Germany, Germany | 2016 |
|
|
End-to-end supply chain logistics platform and services are provided. | San Francisco, United States, United States | 2013 |
|
|
Tech-enabled platform matches shippers and carriers for trucking loads. | Berlin, Germany, Germany | 2015 |
|
|
Web-based cargo management solutions are offered for air logistics. | Carlsbad, United States, United States | 2016 |
|
|
Multi-modal freight forwarding services are provided via an AI-enabled platform. | London, United Kingdom, United Kingdom | 2018 |
|
|
Tech-enabled multi-modal freight forwarding services are provided globally. | Minato City, Japan, Japan | 2016 |
|
|
Web-based freight management services are provided for cargo and logistics. | Copenhagen, Denmark, Denmark | 1956 |
|
|
Multi-modal freight forwarding services are delivered through an internet-first model. | Rotterdam, Netherlands, Netherlands | 1990 |
|
|
Multi-modal freight forwarding and logistics services are provided globally. | Lauterach, Austria, Austria | - |
Business Activity of Shipwaves Online Limited
Shipwaves Online Limited is engaged in the principal business activity of transport and storage, with detailed activities including services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | ********* |
Board of Directors of Shipwaves Online Limited
Shipwaves Online Limited is currently managed by 10 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalandan Mohammed Haris | Director | 27 Feb 2015 | 11 Years 4 Months | Current |
|
Kalandan Mohammad Arif
Also directs:
Mukka Proteins Limited, Ocean Proteins Private Limited, Haris Marine Products Private Limited and 3 more
|
Director | 24 Jan 2025 | 1 Years 5 Months | Current |
|
Kalandan Mohammed Althaf
Also directs:
Mukka Proteins Limited, Ocean Proteins Private Limited, Haris Marine Products Private Limited and 3 more
|
Director | 27 Feb 2015 | 11 Years 4 Months | Current |
|
Hamad Bava
Also directs:
Mukka Proteins Limited
|
Director | 24 Jan 2025 | 1 Years 5 Months | Current |
|
Karkala Shankar Balachandra Rao
Also directs:
Mukka Proteins Limited
|
Director | 24 Jan 2025 | 1 Years 5 Months | Current |
|
Narendra Surendra Kamath
Also directs:
Mukka Proteins Limited
|
Director | 24 Jan 2025 | 1 Years 5 Months | Current |
Financials of Shipwaves Online Limited FY 2025 filings available
Shipwaves Online Limited reported revenue of ₹97.28 Cr (up 40% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Shipwaves Online Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2025 | Others | ₹10 Cr | Open |
| 27 Feb 2025 | Axis Bank Limited | ₹7.5 Cr | Open |
| 31 Jul 2024 | Others | ₹5 Cr | Open |
| 31 Oct 2023 | Axis Bank Limited | ₹1.35 Cr | Open |
| 15 May 2020 | Hdfc Bank Limited | ₹12 Cr | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Shipwaves Online Limited
View historical data on people associated with Shipwaves Online Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Shipwaves Online Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Shipwaves Online Limited
GSTIN & GST Filing Data of Shipwaves Online Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Shipwaves Online Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Shipwaves Online Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Shipwaves Online Limited
MSME Payment Delays by Shipwaves Online Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Shipwaves Online Limited
Subsidiaries & Group Companies of Shipwaves Online Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Shipwaves Online Limited with ownership details.
MCA Filings & Documents of Shipwaves Online Limited
MCA Filings & Documents of Shipwaves Online Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Shipwaves Online Limited
Recent News on Shipwaves Online Limited
Frequently Asked Questions about Shipwaves Online Limited
Shipwaves Online Limited is an active public limited company in the internet sector based in Mangalore, Karnataka, India. It was incorporated on 27 February 2015 (11+ years old) and is registered under CIN L74900KA2015PLC079072. The company has 25 employees.
Shipwaves Online Limited reported revenue of ₹97.28 Cr for FY 2024 (up 40.00% YoY).
The current directors of Shipwaves Online Limited are:
- Kalandan Mohammed Haris
- Kalandan Mohammad Arif
- Kalandan Mohammed Althaf
- Jessica Juliana Mendonca
- Hamad Bava
- Karkala Shankar Balachandra Rao
- Narendra Surendra Kamath
- Mohammed Sahim Haris
- Bibi Hajira
- Zeeshan Ali Mohammed Habibi
The primary industry of Shipwaves Online Limited is internet. The company specifically operates in online service marketplaces. The company is currently active in this sector.
Yes, Shipwaves Online Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Shipwaves Online Limited can be reached at the registered office: 18 – 2 – 1643 3Rd Floor Mukka Corporate House 1St Cross Attavara, Mangalore, Karnataka, India – 575001, or through the website shipwaves.com.