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IPO ·

BSE, NSE

Shiprocket Ltd

Listed

Incorporated in 2011, Shiprocket is an Indian e-commerce enablement company.

Issue details

Price band

₹92 – ₹97

Face value

₹10

Lot size

154 shares

Minimum investment

₹14,938

Issue size

₹1617.48 Cr

Fresh issue

₹885.55 Cr

Offer for sale

₹731.94 Cr

Issue type

Book Built

Exchange

BSE, NSE

Key dates

Opens

12 Aug 2026

Closes

14 Aug 2026

UPI mandate cut-off

5:00 PM on 14 Aug 2026

Allotment

17 Aug 2026

Refunds

18 Aug 2026

Shares in demat

18 Aug 2026

Listing

19 Aug 2026

Subscription and listing

Subscription

56.48x

Listing price

₹131

Registrar

Kfin Technologies Ltd

Lead manager

Axis Capital, BOFA Securities India, JM Financial, Kotak Mahindra Capital Co.

Subscription by category

Total

56.48x

Total applications

46,27,283

Anchor investors

Amount raised

₹727.42 Cr

Bid date

11 Aug 2026

50% lock-in ends

15 Sep 2026

Rest lock-in ends

14 Nov 2026

Listing day

Issue price

₹97

Open

₹131.00

High

₹156.00

Low

₹131.00

Day close

₹143.45

Listing gain at open

+35.05%

Issue structure

Shares reserved per category and share of the total issue

QIB

12,49,85,948

74.95%

Anchor Investor

7,49,91,568

44.97%

QIB (Ex. Anchor)

4,99,94,380

29.98%

NII

2,49,97,189

14.99%

bNII > ₹10L

1,66,64,793

9.99%

sNII < ₹10L

83,32,396

5.00%

Retail

1,66,64,793

9.99%

Employee

1,13,636

0.07%

Total

16,67,61,566

100.00%

Finaccle’s quick read

Avoid

FY26 income up 24%, loss in FY26.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

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.

Founded

2011

2011

Promoters

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Promoter holding

NA pre-issue; NA post-issue

NA pre-issue; NA post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

2,077.42

2,077.42

-16.56

-79.25

-79.25

1,524.29

242.01

242.01

2,504.77

FY25

FY25

1,674.82

1,674.82

-17.16

-74.45

-74.45

1,491.23

244.67

244.67

2,308.62

FY24

FY24

1,357.83

1,357.83

-495.89

-595.18

-595.18

1,284.16

213.28

213.28

2,051.22

ROE

—

ROCE

-2.65%

Debt / equity

—

PAT margin

—

P/E post issue

-ve

Market cap

₹7,057.50 Cr

Use of IPO money

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

Strengths

✓

Revenue up 24% in FY26 to ₹2,077.42 Cr

Risks to watch

!

Loss-making in FY26

!

45% of the issue is an offer for sale by existing shareholders

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.