Shiprocket IPO Details
Shiprocket IPO Summary
Shiprocket IPO opens for subscription on 12 Aug 2026 and closes on 14 Aug 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 19 Aug 2026.
Shiprocket IPO price band has been fixed at ₹92 – ₹97 per share. The face value is ₹10 per share with a lot size of 154.
Shiprocket IPO total issue size comprises 16,67,61,574 shares (aggregating up to ₹1617.59 Cr). This includes a fresh issue of 9,12,99,203 shares (aggregating up to ₹885.60 Cr). Offer for Sale consists of 7,54,62,371 shares (aggregating up to ₹731.98 Cr). Pre-issue shareholding stands at 18,58,70,958, which will increase to 27,71,70,161 post-issue.
Shiprocket IPO carries a ₹35 (36.08%) GMP, reflecting investor sentiment.
Shiprocket IPO Lot Size :Retail Minimum is 1 lot (154 shares) amounting to ₹14,938. Retail Maximum is 13 lots (2,002 shares) amounting to ₹1,94,194. SHNI Minimum is 14 lots (2,156 shares) amounting to ₹2,09,132. SHNI Maximum is 66 lots (10,164 shares) amounting to ₹9,85,908. BHNI Minimum is 67 lots (10,318 shares) amounting to ₹10,00,846.
Shiprocket IPO Details
Shiprocket IPO Subscription
Shiprocket IPO Application Wise Breakup (Approx)
Shiprocket IPO Dates
- 12 Aug 2026Opening dateOpen
- 14 Aug 2026Closing dateClose
- 17 Aug 2026Allotment Date Allotment
- 18 Aug 2026Initiation of RefundsRefund
- 18 Aug 2026Credit of SharesCredit
- 19 Aug 2026Listing dateListing
Shiprocket IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 154 | ₹14,938 |
| Retail Maximum | 13 | 2002 | ₹1,94,194 |
| SHNI Minimum | 14 | 2156 | ₹2,09,132 |
| SHNI Maximum | 66 | 10164 | ₹9,85,908 |
| BHNI Minimum | 67 | 10318 | ₹10,00,846 |
Shiprocket IPO Reservation
Promoter Holding
Documents
Shiprocket IPO Valuations
Shiprocket Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 |
| Amount in ₹ Crore | |||
About Shiprocket IPO
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.
Strength Of Shiprocket IPO
- Profitable and scalable Core Business with Operating Leverage.
- Expanding platform network effects driving merchant growth and service adoption.
- Leveraging scale to optimize our business performance
- Self-serve platform offering enterprise-grade experience drawing organic traffic.
- Diversified merchant base minimizing revenue concentration risk.
- Full transaction accountability enhancing merchant trust and retention.
- AI, data and automation-driven platform for operational efficiency.
- Modular and open platform enabling rapid expansion.
- Experienced leadership team and strong corporate governance
Risk Of Shiprocket IPO
- We had Restated Loss for the year of Rs.792.45 million, Rs.744.49 million and Rs.5,951.81 million for Fiscals 2026, 2025 and 2024, respectively. If we are unable to generate adequate revenue growth and manage our expenses, we may continue to incur significant losses.
- We may be unsuccessful in making, integrating and maintaining acquisitions and strategic investments, which could hinder the growth of our business and prevent us from achieving expected returns on such acquisitions or investments. Failure to realize the economic benefit of such acquisitions could result in substantial impairment charges.
- We have relied on the judgment of our management when ascertaining our funding requirements and the proposed deployment of Net Proceeds. Our funding requirements and the proposed deployment of Net Proceeds have not been appraised by any bank or financial institution or any other independent agency, and our management and Board will have broad discretion over the use of the Net Proceeds. We have not entered into any definitive arrangements to utilize the Net Proceeds of the Offer.
- Our results of operations and cash flows are significantly impacted by the operational results and business decisions of our Merchants, the web traffic they are able to generate, and our ability to attract Merchants through online channels, all of which are beyond our control.
- We may face challenges in growing our Cross-border business due to our limited experience in such international markets, and will be reliant on our ecosystem partners to grow such business.
- We do not have exclusive arrangements with our logistics partners including couriers, suppliers and cargo partners, and they may prioritize the provision of services to our competitors, refuse to renew their contracts with us, or expand their offerings to provide the services we offer. Any of the foregoing could have an adverse effect on our business, financial condition, cash flows and results of operations.
- We may face challenges expanding into new business verticals or product categories, potentially leading to the incurrence of substantial expenditure and/or delayed returns on investment, which could adversely affect our business, financial condition, cash flows and results of operations.
- We have incurred negative cash flows from operations, with net cash used in operating activities of Rs.2,159.92 million in Fiscal 2024, while we had positive cash flows from operations, with net cash flows from operating activities of Rs.526.37 million and Rs.18.97 million in Fiscals 2026 and 2025, respectively. Negative cash flows may adversely impact our liquidity and prospects.
- Our Statutory Auditors have reported an emphasis of matter in the auditors' report for Fiscal 2024. Further, there are modifications reported for certain matters specified in the Report on Other Legal and Regulatory Requirements relating to daily backup of books of account and audit trail for Fiscals 2026, 2025 and 2024.
- In relation to our Fulfilment business, we have entered into lease agreements and warehouse management agreements for the fulfilment centres owned by our customers. Failure to manage these fulfilment centres in a cost-effective manner and maintain or renew lease agreements or warehouse management agreements on favourable terms may have an adverse effect on our business, financial condition, cash flows and results of operations.
Objectives Shiprocket IPO
1. Investment in the growth of Shiprockets platforms-Investment in marketing initiatives primarily for Emerging Business and for Core Business
2. Investment in marketing initiatives primarily for the Emerging Business and for our Core Business
3. Investment in technology infrastructure and capabilities primarily for the Emerging Business and for our Core Business
4. Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon
5. unding inorganic growth through unidentified acquisitions and general corporate purposes
Company Contact Details
416, Phase III, Udyog Vihar, Sector 20,
Gurugram, Haryana , 122008
Phone: 9711623070
Email: support@shiprocket.in
Website: https://www.shiprocket.in/
Registrar Contact Details
Shiprocket FAQs
The Shiprocket IPO is a MAINBOARD public issue comprising 166761574 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹1617.59 Cr. The issue price has been fixed at ₹97 per equity share, and the minimum application size is 154 shares.
The IPO opens for subscription on 12 Aug 2026, and closes on 14 Aug 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹35 (36.08%).
Quick Links
Comments
