Shiprocket Ltd IPO Details

Shiprocket Ltd IPO Details

MainboardUpcoming
Min. Investment
₹14,938
/ 154 Shares
Issue Price
₹92 to ₹97
Subscription
-
Issue Size
₹1617.48 Cr
Lot Size
154 Shares
Open
2026-08-12
Close
2026-08-14
Allotment
2026-08-17
Listing
2026-08-19

1. Shiprocket Ltd IPO Details (Mainboard) IPO Details

Shiprocket Ltd IPO is a book-built mainboard issue of ₹2,342.35 crores. The issue comprises a fresh issue of shares aggregating up to ₹1,100.00 crores and an offer-for-sale (OFS) of shares aggregating up to ₹1,242.35 crores.

The bidding for the IPO starts on Aug 12, 2026, and closes on Aug 14, 2026. The allotment is expected to be finalized on Aug 17, 2026. The company will list on both the BSE and NSE mainboard platforms, with a tentative listing date fixed as Aug 19, 2026.

The price band is set at ₹93–₹96 per share, with a lot size of 154 shares (minimum investment of ₹14,784 for retail investors).

Grey Market Premium

Estimated listing gains (Live)

+₹16Per Share
EST. GAINS
Updated real-time from market sources

Financial Summary

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets2,393.352,308.622,051.222,386.78
Total Income970.791,674.821,357.831,126.90
Profit After Tax-38.32-74.45-595.18-359.31
EBITDA-9.39-17.16-495.89-307.80
NET Worth1,507.671,491.231,284.161,699.87
Reserves and Surplus1,447.531,431.091,227.931,642.88
Total Borrowing233.79244.67213.28171.81

Shiprocket IPO Details

IPO Date[.]
Listing Date[.]
Face Value₹ 10 per share
Price Band-
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Total Issue Size[.] shares (agg. up to ₹ 2,342 Cr)
Fresh Issue[.] shares (agg. up to ₹ 1,100 Cr)
Offer for Sale[.] shares of ₹ 10 (agg. up to ₹ 1,242 Cr)
Share Holding Pre Issue18,58,70,958 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeWed, May 21, 2025
SEBI/Exchange approval receivedFri, Oct 31, 2025

Issue Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot less than 75% of the Net Offer
Retail Shares OfferedNot more than 10% of the Net Offer
NII Shares OfferedNot more than 15% of the Net Offer

Investor Category Reservations

CategoryLimitCut-off
RIIUp to ₹2 LakhsYes
sNII₹2 Lakhs – ₹10 LakhsNo
bNIIAbove ₹10 LakhsNo
Employee (EMP)Up to ₹2 LakhsYes
Employee + RII/NIIUp to ₹2Lakhs (EMP) + RII/NII limitsYes (EMP/RII)

IPO Lead Managers & Registrar

RoleEntity Name
RegistrarKfin Technologies Ltd.
Lead Manager 1Axis Capital Ltd.
Lead Manager 2BOFA Securities India Ltd.
Lead Manager 3JM Financial Ltd.
Lead Manager 4Kotak Mahindra Capital Co.Ltd.

Offer For Sale - Selling Shareholders

NameCategoryEstimated Amount (₹ cr.)
LR India Fund I SARL.I.SICAV-RAIFCorporate258.49
Arvind Ltd.Corporate161.00
Tribe Capital III LLC-Series 1Corporate120.00
MCP3 SPV LLCCorporate95.00
Bertelsmann Nederland B.V.Corporate85.43

2. About Shiprocket Ltd IPO Details (Mainboard)

Incorporated in 2012 and headquartered in Gurugram, Haryana, Shiprocket Limited is India’s largest technology-driven e-commerce enablement platform. The company operates a full-stack ecosystem enabling MSMEs, digital-first brands, and large retailers to manage domestic and international shipping, warehouse fulfilment, checkout conversion, hyperlocal delivery, cross-border trade, and post-purchase customer management.

Key Backing & Scale

  • Marquee Institutional Backing: Backed by global tech and internet investors including Zomato, Temasek, Info Edge, PayPal, and Tribe Capital.

  • Massive Merchant Network: Serves over 145,000+ active merchants processing over 97 million transactions in H1 FY26 across 24,000+ PIN codes in India.

Track Record

  • Financial Scale: Operational income expanded from ₹1,088.83 Cr in FY23 to ₹1,315.98 Cr in FY24, and reached ₹1,632.01 Cr for the fiscal year ended March 31, 2025.

  • Improving Financial Health: Net loss narrowed significantly from ₹595.18 Cr in FY24 to ₹74.45 Cr in FY25, with EBITDA turning positive.

  • Diversified Revenue Streams: Emerging non-shipping verticals (checkout tools, cross-border logistics, and marketing services) contribute over 20% of total revenue.

Shiprocket Ltd IPO GMP

As of August 05, 2026, the Grey Market Premium (GMP) is currently ₹0.

Note: Because the public subscription window opens next week on August 12, early grey market tracking indicators are starting flat. Subscription and premium momentum are expected to pick up closer to the bidding launch.

Shiprocket Ltd IPO Allotment Status

The allotment is scheduled to be finalized on August 17, 2026.

Check Shiprocket Allotment Status

To check your status online once the issue closes, visit the assigned registrar tracking portal or monitor updates on the stock exchange mainboard channels:

You can verify your status via:

  • Authorized Registrar's portal (KFin Technologies Limited)

  • BSE and NSE official mainboard tracking portals

  • Using your PAN number, Application ID, or DP ID/Client ID

Strengths

  • Market Dominance in D2C Logistics: Clear market leader in SME and direct-to-consumer (D2C) e-commerce shipping aggregation.

  • Asset-Light Tech Platform: Scalable business model with low capital expenditure dependencies per order.

  • Narrowing Net Losses: Demonstrates strong trajectory toward GAAP net profitability backed by operating leverage.

Weaknesses

  • Dependence on Courier Partners: Relies on non-exclusive third-party logistics and courier companies for physical delivery fulfillment.

  • E-Commerce Volume Sensitivity: Growth is directly linked to consumer spending trends and overall online commerce adoption.

How the Company Will Use IPO Money

The fresh issue proceeds (₹1,100.00 Cr) will be utilized for:

  • Platform Growth & Technology: Funding marketing, brand building, and technology/product infrastructure development (₹505.00 Cr).

  • Debt Repayment: Prepayment or repayment, in full or in part, of outstanding borrowings (₹210.00 Cr).

  • Inorganic Growth & Acquisitions: Strategic acquisitions and general corporate administrative expenses.

Lead Manager & Registrar

  • Book Running Lead Manager: Axis Capital Limited

  • Registrar: KFin Technologies Limited

Frequently Asked Questions (Shiprocket Ltd IPO Details)

D
Founder | India IPO Updates

DIPAK DANGODARA

I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.