Building on the most highly voted answer, here is a function to wait for two ports to be open, with a timeout as well. Note the two ports that mus be open, 8890 and 1111, as well as the max_attempts (1 per second).
function wait_for_server_to_boot()
{
echo "Waiting for server to boot up..."
attempts=0
max_attempts=30
while ( nc 127.0.0.1 8890 < /dev/null || nc 127.0.0.1 1111 < /dev/null ) && [[ $attempts < $max_attempts ]] ; do
attempts=$((attempts+1))
sleep 1;
echo "waiting... (${attempts}/${max_attempts})"
done
}