Shiprocket IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Retail)
₹14,938
1 lot · 154 shares at the upper price band
Price band
₹97
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹1617.48 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹97
- Issue size
- ₹1617.48 Cr
- Lot size
- 154
- Opens
- 12 Aug 2026
- Closes
- 14 Aug 2026
- Allotment
- 17 Aug 2026
- Listing
- 19 Aug 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Kfin Technologies Ltd.
- Minimum investment
- ₹14,938 (1 lot · 154 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Fresh issue
- ₹886 Cr
- Offer for sale
- ₹732 Cr
- Listing at
- BSE, NSE
- Refunds
- 18 Aug 2026
- Shares credited
- 18 Aug 2026
- Lead managers
- Axis Capital Ltd., BOFA Securities India Ltd., JM Financial Ltd., Kotak Mahindra Capital Co.Ltd.
Offer documents & links
Subscription by category
As of 14 Aug 2026, 1:24 pm.
Total subscription
56.29x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:57 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 12 to 14 Aug, 2026 |
|---|---|
| Listed on | Wed, Aug 19, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹92 to ₹97 |
| Issue Price | ₹97 per share |
| Lot Size | 154 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 9.00 |
| Total Issue Size | 16,67,61,566 shares (agg. up to ₹ 1,617 Cr) |
|---|---|
| Fresh Issue | 9,12,99,203 shares (agg. up to ₹ 886 Cr) |
| Offer for Sale | 7,54,62,363 shares of ₹ 10 (agg. up to ₹ 732 Cr) |
| Share Holding Pre Issue | 63,62,78,384 shares |
| Share Holding Post Issue | 72,75,77,587 shares |
| BSE Script Code / NSE Symbol | 544871 / SHIPROCKET |
| ISIN | INE0FOO01011 |
IPO Timetable
- IPO Open
- Wed, Aug 12, 2026
- IPO Close
- Fri, Aug 14, 2026
- Allotment
- Mon, Aug 17, 2026
- Refund
- Tue, Aug 18, 2026
- Credit of Shares
- Tue, Aug 18, 2026
- Listing
- Wed, Aug 19, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB | 12,49,85,948 | 75.00% | 74.95% | NA |
| − Anchor Investor | 7,49,91,568 | — | 44.97% | NA |
| − QIB (Ex. Anchor) | 4,99,94,380 | — | 29.98% | NA |
| NII (HNI) | 2,49,97,189 | 15.00% | 14.99% | NA |
| − bNII > ₹10L | 1,66,64,793 | — | 9.99% | 7,729 |
| − sNII < ₹10L | 83,32,396 | — | 5.00% | 3,864 |
| Retail | 1,66,64,793 | 10.00% | 9.99% | 1,08,212 |
| Preferential Reservations | ||||
| Employee | 1,13,636 | — | 0.07% | NA |
| Total | 16,67,61,566 | 100.00% | 100.00% | — |
Shiprocket IPO comprises a total issue size of 16,67,61,566 shares. The net offer to the public is 16,66,47,930 shares, after excluding 1,13,636 shares under a preferential allotment. Of the Net offer 12,49,85,948 (75.00%) are allocated to QIB , 2,49,97,189 (15.00%) allocated to NII 1,66,64,793 (10.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 154 | ₹14,938 |
| Retail (Max) | 13 | 2002 | ₹1,94,194 |
| S-HNI (Min) | 14 | 2156 | ₹2,09,132 |
| S-HNI (Max) | 66 | 10164 | ₹9,85,908 |
| B-HNI (Min) | 67 | 10318 | ₹10,00,846 |
Investors can bid for a minimum of 154 shares and in multiples thereof.
IPO Subscription Details
IPO Anchor Investors
| Bid Date | Tue, Aug 11, 2026 |
|---|---|
| Shares Offered | 7,49,91,568 |
| Anchor Portion (₹ Cr.) | 727.42 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Sep 15, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Nov 14, 2026 |
Shiprocket IPO raises ₹ 727.42 crore from anchor investors . Shiprocket IPO Anchor bid date is August 11, 2026 .
IPO Anchor Investors List
Investor Category Reservations
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
About Shiprocket Ltd.
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.
Company Financials (Restated Consolidated)
| 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 |
Shiprocket Ltd.'s revenue increased by 24% and profit after tax (PAT) dropped by 6% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Logistics Solution Provider
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shadowfax Technologies Ltd. | Mainboard | ₹1,907.27 Cr | ₹124 | 1017.96 | ₹109.98 | -11.31% | ₹255.10 |
| Om Freight Forwarders Ltd. | Mainboard | ₹122.31 Cr | ₹135 | 19.56 | ₹85.57 | -36.61% | ₹87.32 |
| Glottis Ltd. | Mainboard | ₹307.00 Cr | ₹129 | 18.38 | ₹83.70 | -35.12% | ₹58.74 |
| Sampark India Logistics Ltd. | SME | ₹27.22 Cr | ₹84 | 8.65 | ₹93.45 | +11.25% | ₹95.15 |
| Global Ocean Logistics India Ltd. | SME | ₹30.41 Cr | ₹78 | 12.07 | ₹79.29 | +1.65% | ₹110.00 |
| Neptune Logitek Ltd. | SME | ₹46.62 Cr | ₹126 | 13.76 | ₹95.80 | -23.97% | ₹35.70 |
| Shipwaves Online Ltd. | SME | ₹56.35 Cr | ₹12 | 9.3 | ₹11.40 | -5.00% | ₹3.85 |
| Jayesh Logistics Ltd. | SME | ₹28.63 Cr | ₹122 | 10.75 | ₹117.80 | -3.44% | ₹135.00 |
| Sunsky Logistics Ltd. | SME | ₹16.84 Cr | ₹46 | 15.6 | ₹53.55 | +16.41% | ₹38.49 |
| Dhillon Freight Carrier Ltd. | SME | ₹10.08 Cr | ₹72 | 10.49 | ₹54.72 | -24.00% | ₹33.25 |
View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in the growth of Shiprockets platforms-Investment in marketing initiatives primarily for Emerging Business and for Core Business | 365.60 |
| 2 | Investment in marketing initiatives primarily for the Emerging Business and for the Core Business | 205.80 |
| 3 | Investment in technology infrastructure and capabilities primarily for the Emerging Business and for the Core Business | 159.80 |
| 4 | Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon | 210.00 |
| 5 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | 249.40 |
| 6 | Issue Expenses | 112.13 |
| Total | 1,302.72 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROCE | -2.65% |
| RoNW | -5.20% |
| NAV | 23.96 |
| Price to Book Value | 4.05 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | -1.25 | -ve |
| P/E (x) | -77.6 | -ve |
| Market Cap at Offer Price | ₹6,172Cr. | ₹10,437.10 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | NA | NA |
| Public | 100.00% | 100.00% |
| Total | — | — |
Company Promoter: No Identifiable Promoter
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Offer For Sale - Selling Shareholders
| Name | Category | Estimated Amount (₹ cr.) |
|---|---|---|
| LR India Fund I SARL.l.SICAV-RAIF | Corporate | 271.70 |
| Tribe Capital III LLC-Series 1 | Corporate | 120.00 |
| MCP3 SPV LLC | Corporate | 55.53 |
| Gautam Kapoor | Other | 61.00 |
| Saahil Goel | Other | 61.00 |
| Vishesh Khurana | Other | 20.00 |
| 500 Startups III LP | Corporate | 16.30 |
| Agility International Investment LLC | Corporate | 21.15 |
| AFOS LLC | Corporate | 53.96 |
| Moore Strategic Ventures LLC | Corporate | 51.35 |
| Total | — | 731.99 |
*Estimated Amount (₹ cr.) shown until the actual number of shares offered in OFS is entered.
Shiprocket IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 5 | 0 | 3 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 125.20 | 4,99,94,385 | 6,25,93,38,316 |
| NII | 92.58 | 2,49,97,191 | 2,31,43,57,892 |
| bNII (> ₹10L) | 103.18 | 1,66,64,794 | 1,71,95,35,048 |
| sNII (< ₹10L) | 71.39 | 83,32,397 | 59,48,22,844 |
| Retail | 48.38 | 1,66,64,794 | 80,61,67,208 |
| Employee | 58.85 | 1,13,636 | 66,87,450 |
| Total | 102.28 | 9,17,70,006 | 9,38,65,50,866 |
The Shiprocket IPO is subscribed 102.28 times on August 14, 2026 6:54:35 PM (Day 3). The public issue subscribed 48.38 times in the retail category, 125.20 times in the QIB category, and 92.58 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 47,91,739
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) | 49.22 |
| 2 | Commission/ processing fee for SCSBs and Bankers to the Offer and fees payable to the Sponsor Bank(s) for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.80 |
| 3 | Fees payable to the Registrar to the Offer | 0.48 |
| 4 | Independent Chartered Accountant | 0.84 |
| 5 | Statutory Auditors | 8.39 |
| 6 | Industry expert | 1.89 |
| 7 | Fee payable to legal counsel | 17.36 |
| 8 | Others | 0.61 |
| 9 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 9.62 |
| 10 | Printing and stationery | 0.39 |
| 11 | Advertising and marketing expenses | 16.25 |
| 12 | Miscellaneous | 5.28 |
| Total | 112.13 |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹ 97.00 | ₹ 97.00 |
| Open | ₹ 129.50 | ₹ 131.00 |
| Low | ₹ 129.50 | ₹ 131.00 |
| High | ₹ 155.40 | ₹ 156.00 |
| Last Trade | ₹ 143.50 | ₹ 143.45 |
Check IPO Performance…
IPO Registrar
Kfin Technologies Ltd.
040-79615565
shiprocket.ipo@kfintech.com
IPO Lead Manager(s)
Axis Capital Ltd.
BOFA Securities India Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co.Ltd.
Contact Details
Shiprocket Ltd. Address
416, Phase III, Udyog Vihar,
Sector 20,
Gurugram, Haryana , 122008
9711623070
support@shiprocket.in
Shiprocket IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
S&R Associates Advises Moore Strategic Ventures on Shiprocket’s INR 16.17 Billion IPO
SCC Online · 29 Aug 2026
SAM Advises Book Running Lead Managers on USD169 million Shiprocket IPO
LawBeat · 27 Aug 2026
Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD169 million IPO of Shiprocket
SCC Online · 24 Aug 2026
Beyond The Shiprocket IPO Takeoff
Inc42 · 24 Aug 2026
Shiprocket Goes Public: Bertelsmann Investments Celebrates Landmark IPO in India
Bertelsmann · 20 Aug 2026
Shiprocket soars 48% on debut, erases valuation cut
economictimes.com · 20 Aug 2026
Shiprocket makes stellar debut, shares list 35% above IPO price
Entrackr · 19 Aug 2026
