Shipwaves Online Ltd

📊 Shipwaves Online Ltd IPO Fund Utilization – Straight Facts

- IPO raised ₹56.35Cr (₹56,35,20,000)

- ₹17.13Cr (₹17,13,05,000) allocated for working capital

- ₹10Cr (₹10,00,00,000) for subsidiary investment

- ₹15Cr (₹15,00,00,000) for repayment of borrowings

- Compliance verified by Audit Committee

- Monitoring agency: CARE Ratings Limited