Shiprocket IPO
Bookbuilding IPO | ₹1,617.00 Cr | Listing at BSE, NSE
IPO Open
Wed, Aug 12, 2026
IPO Close
Fri, Aug 14, 2026
Price Band
₹92.00 to ₹97.00
Market Cap (Pre-IPO)
₹7,057.50 Cr
IPO Details
| IPO Date | Aug 12, 2026 to Aug 14, 2026 |
| Listing Date | Tentative: Aug 19, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹92.00 to ₹97.00 |
| Lot Size | 154 Shares (Minimum: ₹14,938.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹1,617.00 Crores |
| Total Shares Offered | 166,761,566 shares |
| Fresh Issue | 91,299,203 shares |
| Offer For Sale | 75,462,363 shares |
Shiprocket IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
Shiprocket IPO Lot Size
Investors can bid for a minimum of 154 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 154 | ₹14,938 |
| Retail (Max) | 13 | 2,002 | ₹194,194 |
| S-HNI (Min) | 14 | 2,156 | ₹209,132 |
| S-HNI (Max) | 66 | 10,164 | ₹985,908 |
| B-HNI (Min) | 67 | 10,318 | ₹1,000,846 |
Shiprocket Financial Information (Restated Consolidated)
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.
| 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 |
| Reserves and Surplus | - | - | - |
| Total Borrowing | 242.01 | 244.67 | 213.28 |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROCE (Return on Capital Employed) | -2.65% |
| RoNW (Return on Net Worth) | -5.20% |
| Price to Book Value | 4.05 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | -1.25 | - |
| P/E (x) | -77.60 | - |
Company Overview
Shiprocket Ltd. – Company Overview
- Shiprocket is an Indian e-commerce enablement company that provides technology-driven solutions to MSMEs, D2C brands, and large retailers to manage and grow their online and offline businesses.
- The company started as a shipping platform and has expanded into a broader e-commerce enablement ecosystem covering shipping, fulfilment, payments, marketing, and merchant solutions.
- Key Business Segments:
- Domestic Shipping & Shipping Software
- Cargo & Fulfilment Services
- Cross-Border Shipping
- Advertising & Marketing Solutions
- Merchant Solutions
- Omnichannel Commerce through Shiprocket Omuni
- Its services also include fulfilment centres, heavy logistics, international shipping, checkout & payment solutions, business loans, and hyperlocal delivery.
- Shiprocket operates international shipping across major routes connecting India with the USA, UK, Canada, Europe, and Singapore, serving customers in 146 countries during Fiscal 2026.
- The company primarily follows a usage-based pricing model, generating revenue based on shipments, transactions, or order value processed through its platform.
Use of Proceeds
| 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 | |
| Total | 941.20 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Shiprocket IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shiprocket Ltd. | -1.24 | -1.24 | 23.96 | - | -5.20 | - | - |
| Unicommerce Esolutions Ltd | 1.79 | 1.78 | 17.17 | 47.75 | 10.60 | 5.00 | Consolidated |
Quick Info
| Sector | e-commerce enablement, logistics tech, and supply chain software |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹7,057.50 Cr |
Important Dates
| IPO Open | Aug 12, 2026 |
| IPO Close | Aug 14, 2026 |
| Allotment Date | Aug 17, 2026 |
| Credit to Demat | Aug 18, 2026 |
| Listing Date | Tentative: Aug 19, 2026 |
Lead Manager(s)
Axis Capital Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹1,617.48 crores.
- Issue Structure: A combination of fresh issue of 9.13 crore shares aggregating to ₹885.50 crores and offer for sale of 7.55 crore shares aggregating to ₹731.98 crores.
- IPO Dates: The issue opens on August 12, 2026 and closes on August 14, 2026.
- Allotment Date: The allotment is expected to be finalized on August 17, 2026.
- Listing Details: The shares are proposed to be listed on both National Stock Exchange of India and BSE Limited on August 19, 2026.
- Issue Price Band: ₹92 to ₹97 per equity share.
- Lot Size: 154 shares per lot.
- Retail Investment Requirement: Minimum 1 lot (154 shares) amounting to approximately ₹14,938 (at the upper price band.
This IPO offers investors an opportunity to participate in the logistics and e-commerce technology sector through a combination of a fresh issue of shares and an offer for sale by existing shareholders.