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IPO details · Updated

Shiprocket Limited

ClosedMainboardNSE: SHIPROCKETBSE: 544871
Check Allotment
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

Full 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

  1. Offer opens

    12 Aug 2026

  2. Offer closes

    14 Aug 2026

  3. Allotment

    17 Aug 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB4,99,94,3806,25,93,38,316
125.20x
NII2,49,97,1892,31,44,03,938
92.59x
Retail1,66,64,79380,48,52,202
48.30x
Employee1,13,63666,87,758
58.85x
Total9,17,69,9989,38,52,82,214
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

ApplicationLotsSharesAmount
Retail1154₹14,938
Small HNI (S-HNI)142,156₹2,09,132
Big HNI (B-HNI)6710,318₹10,00,846

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets2,504.772,308.622,051.22
Total Income2,077.421,674.821,357.83
Profit After Tax-79.25-74.45-595.18
EBITDA-16.56-17.16-495.89
Net Worth1,524.291,491.231,284.16
Total Borrowing242.01244.67213.28

Key Performance Indicators

Key performance indicators
PeriodMar-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

CompanyP/EROE
Unicommerce Esolutions Ltd47.7510.6%

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

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.