IPO details · Updated
Shiprocket Limited
- Price Band
- ₹92 – ₹97
- Lot Size
- 154 shares
- Min. Investment
- ₹14,938
- Issue Size
- ₹1,617.48 Cr
- Offer Dates
- 12 Aug – 14 Aug 2026
- Listing
- 19 Aug 2026
Issue Details
- Total Issue Size
- ₹1,617.48 Cr
- 16,67,61,566 shares
- Fresh Issue
- ₹885.55 Cr
- 9,12,99,203 shares
- Offer for Sale
- ₹731.94 Cr
- 7,54,62,363 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 63,62,78,384
- Shares Post-Issue
- 72,75,77,587
IPO Timeline
Offer opens
12 Aug 2026
Offer closes
14 Aug 2026
Allotment
17 Aug 2026
Listing
19 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor45.0%7,49,91,568 shares
- QIB30.0%4,99,94,380 shares
- HNI15.0%2,49,97,189 shares
- Retail10.0%1,66,64,793 shares
- Employee0.1%1,13,636 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 4,99,94,380 | 6,25,93,38,316 | 125.20x |
| NII | 2,49,97,189 | 2,31,44,03,938 | 92.59x |
| Retail | 1,66,64,793 | 80,48,52,202 | 48.30x |
| Employee | 1,13,636 | 66,87,758 | 58.85x |
| Total | 9,17,69,998 | 9,38,52,82,214 | 102.27x |
Lot Size & Investment
1 lot = 154 shares
Retail (min)
1 lot · 154 shares
Retail (max)
13 lots · 2,002 shares
S-HNI (min)
14 lots · 2,156 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 154 | ₹14,938 |
| Small HNI (S-HNI) | 14 | 2,156 | ₹2,09,132 |
| Big HNI (B-HNI) | 67 | 10,318 | ₹10,00,846 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 2,504.77 | 2,308.62 | 2,051.22 |
| Total Income | 2,077.42 | 1,674.82 | 1,357.83 |
| Profit After Tax | -79.25 | -74.45 | -595.18 |
| EBITDA | -16.56 | -17.16 | -495.89 |
| Net Worth | 1,524.29 | 1,491.23 | 1,284.16 |
| Total Borrowing | 242.01 | 244.67 | 213.28 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| RoNW (%) | -5.2 |
| EPS (₹) | -1.25 |
| P/E (pre-issue) | -77.6 |
| P/E (post-issue) | -88.99 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Unicommerce Esolutions Ltd | 47.75 | 10.6% |
About Shiprocket Limited
Incorporated in 2011, Shiprocket is an Indian e-commerce enablement company. It provides technology-driven solutions that help micro, small and medium enterprises (MSMEs), direct-to-consumer (D2C) brands, and large retailers manage and grow their online and offline businesses. According to the Redseer Report, Shiprocket was India's largest new-age end-to-end e-commerce enablement platform by revenue in FY25. The company initially started as a shipping platform. Its core services include domestic shipping and shipping software that offer features such as instant pickups, order tracking, secure delivery, weight verification, and faster cash-on-delivery (COD) payment settlements. Over the years, Shiprocket has expanded its offerings beyond shipping. Its key business segments include: Cargo and fulfilment services, including Shiprocket Omuni. Cross-border shipping solutions. Advertising and marketing solutions. Merchant solutions under its Emerging Business segment, which help merchants increase sales, improve customer conversion, and grow their businesses. The company offers international shipping through five major shipping lanes connecting India with the United States, the United Kingdom, Canada, Europe, and Singapore. Through these routes, it served customers in 146 countries during Fiscal 2026. In addition to shipping, Shiprocket now provides fulfilment centres, cargo and heavy logistics, omnichannel commerce solutions through Shiprocket Omuni, international shipping with customs support, advertising and marketing tools, checkout and payment solutions, business loans, hyperlocal delivery services, and other merchant-focused products. Shiprocket primarily generates revenue through a usage-based pricing model, where merchants pay based on how much they use the platform, such as the number of shipments, transactions, or the value of orders processed.
Objects of the Issue
- Investment in the growth of Shiprockets platforms-Investment in marketing initiatives primarily for Emerging Business and for Core Business (₹365.60 Cr)
- Investment in marketing initiatives primarily for the Emerging Business and for the Core Business (₹205.80 Cr)
- Investment in technology infrastructure and capabilities primarily for the Emerging Business and for the Core Business (₹159.80 Cr)
- Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon (₹210.00 Cr)
- Funding inorganic growth through unidentified acquisitions and general corporate purposes (₹249.40 Cr)
- Issue Expenses (₹112.13 Cr)
Company Information
- Book running lead managers
- Axis Capital Ltd.
- BOFA Securities India Ltd.
- JM Financial Ltd.
- Kotak Mahindra Capital Co.Ltd.
- Registered office
- 416, Phase III, Udyog Vihar,, Sector 20,, Gurugram, Haryana, 122008
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.