- Issue price
- ₹97per share
- Issue size
- ₹1,617.49 Cr16,67,61,566 shares
- Face value
- ₹10per equity share
- Lot size
- 154 sharesMin. ₹14,938 at the upper price
- Anchor biddingTue, 2026
- OpensWed, 2026
- ClosesFri, 2026
- AllotmentMon, 2026
- ListingWed, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 9,12,99,203 shares (₹885.5 Cr)
- Offer for sale
- 7,54,62,363 shares (₹731.99 Cr)
- Total issue
- 16,67,61,566 shares (₹1,617.49 Cr)
- Face value
- ₹10
- Listing at
- BSE, NSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Anchor64.2%
- Retail14.3%
- Big NII14.3%
- Small NII7.1%
- Employees0.1%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 1,66,64,793 | 14.27% | 10% |
| Non-institutional investors (NII) | 2,49,97,189 | 21.41% | 15% |
| Small NII (₹2–10 lakh) | 83,32,396 | 7.14% | — |
| Big NII (above ₹10 lakh) | 1,66,64,793 | 14.27% | — |
| Qualified institutional buyers (QIB) | 12,49,85,948 | 107.04% | 75% |
| Anchor investors | 7,49,91,568 | 64.22% | — |
| Employees | 1,13,636 | 0.10% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹97 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Employees | 1 | 154 | ₹14,938 |
| Retail individual investors | 1 | 154 | ₹14,938 |
Source: ProspectusUpdated
Special quotas
- Employees
- ₹9 discount per share
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- -₹1.23
- EPS (diluted)
- -₹1.23
- RoNW
- -5.20%
- NAV per share (As on March 31, 2026)
- ₹23.96
- NAV per share (After the Offer at Offer Price)
- ₹33.12
- ROCE
- -2.65%
- EBITDA margin (FY 2025-26 (adjusted EBITDA margin))
- 0.87%
- Market cap (As on July 22, 2026 (₹ billion))
- ₹70.58
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 2,024.14 | 1,632.01 | 1,315.98 |
| Total income | 2,077.42 | 1,674.82 | 1,357.83 |
| EBITDA | -16.56 | -17.16 | -495.89 |
| Profit after tax | -79.25 | -74.45 | -595.18 |
| Net worth | 1,524.29 | 1,491.23 | 1,284.16 |
| Reserves and surplus | 888.06 | 1,431.09 | 1,227.93 |
| Total assets | 2,504.77 | 2,308.62 | 2,051.22 |
| Total borrowing | 242.01 | 244.67 | 213.28 |
FY 2025-26 vs FY 2024-25: revenue +24.0%, profit after tax −6.4%.
Source: ProspectusUpdated
About the company
The company runs an API-led technology platform that helps micro, small and medium businesses and large retailers sell online and offline. Its services cover shipping, checkout, payments, fulfilment and cross-border trade. Its revenue comes from a Core Business (domestic shipping and shipping apps) and an Emerging Business (cargo and fulfilment, cross-border, ads and marketing, and other offerings).
- Incorporated
- 2011
- Industry
- Logistics Technology
- CIN
- U72900DL2011PLC225614
- Website
- shiprocket.in
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue | Shares offered |
|---|---|---|---|
| LR India Fund I S.a.r.l. SICAV-RAIF | — | — | 2,80,10,066 |
| Tribe Capital III, LLC – Series 1 | — | — | 1,23,71,134 |
| Mcp3 SPV LLC | — | — | 57,24,742 |
| Moore Strategic Ventures, LLC | — | — | 52,94,198 |
| Agility International Investment L.L.C. | — | — | 21,79,870 |
| 500 Startups III, L.P. | — | — | 16,80,322 |
| Afos, LLC | — | — | 55,62,858 |
| Gautam Kapoor | — | — | 62,88,659 |
| Saahil Goel | — | — | 62,88,659 |
| Vishesh Khurana | — | — | 20,61,855 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Investment in growth of Shiprocket platforms through marketing and technology infrastructure | 365.60 |
| Repayment or prepayment of certain borrowings | 210.00 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | 249.40 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Shiprocket LimitedIssuer | -₹1.23 | — | -5.20% | ₹23.96 |
| Unicommerce Esolutions Limited | ₹1.79 | 47.75× | 10.60% | ₹17.17 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Describes itself as the largest new-age end-to-end horizontal e-commerce enablement platform in India by revenue in FY2026, per a Redseer report commissioned by the company.
- Core Business has grown revenue and reports positive adjusted EBITDA.
- Serves a large and diversified base of merchants and power merchants.
- Uses AI and data tools in logistics provider selection, delivery prediction and shipping workflows.
- Emerging Business revenue has grown rapidly over the three years shown.
Risks
- Has reported net losses in each of FY2024, FY2025 and FY2026 and may not reach profitability.
- Past acquisitions led to goodwill and intangible impairments and further impairments are possible.
- Goodwill makes up a large share of total assets.
- Emerging Business continues to report adjusted EBITDA losses.
- Management has broad discretion over use of net proceeds, which have not been appraised by any bank or agency.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹97) appear here after the shares list on BSE and NSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Shiprocket IPO open and close?
According to the Prospectus, the issue opens on Wednesday, 12 August 2026 and closes on Friday, 14 August 2026.
What is the Shiprocket IPO price band?
The final issue price is ₹97 per share.
What is the lot size of the Shiprocket IPO?
One lot is 154 shares, which is ₹14,938 at ₹97 per share.
Where will Shiprocket shares list?
On BSE and NSE. The tentative listing date is Wednesday, 19 August 2026.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the Shiprocket IPO allotment status?
The basis of allotment is expected to be finalised on Monday, 17 August 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the BSE website or the NSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹365.6 Cr for investment in growth of Shiprocket platforms through marketing and technology infrastructure, ₹210 Cr for repayment or prepayment of certain borrowings, ₹249.4 Cr for funding inorganic growth through unidentified acquisitions and general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.