Shiprocket IPO
GMP, Subscription, Price, Dates & Financial Details
E-commerce
Incorporated in 2011, Shiprocket is one of India's leading e-commerce enablement platforms, providing technology-driven solutions that help micro, small and medium enterprises (MSMEs), direct-to-consumer (D2C) brands, and large retailers efficiently manage and scale their online and offline…
Open Date
Wed, 12 Aug 2026
Close Date
Fri, 14 Aug 2026
Price Band
₹ 92 – 97
Lot Size
154
Issue Size
₹ 1,617.59 Cr
Minimum Investment
₹ 14,938 (154 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shiprocket IPO subscription has closed. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹1,618 Crore, comprising a fresh issue of 9.13 Crore equity shares aggregating to ₹885.60 Crore and an offer for sale (OFS) of 7.55 Crore equity shares aggregating to ₹731.98 Crore by the existing shareholders.
The company had fixed the price band at ₹92 to ₹97 per share, with a lot size of 154 shares. Retail investors were required to make a minimum investment of ₹14,938 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 113,636 equity shares for eligible employees, who were offered a discount of ₹9.00 per share.
KFin Technologies Limited is the registrar to the issue. Bofa Securities India Limited, Axis Capital Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited are the Book Running Lead Managers (BRLMs) to the issue.
With the subscription period now closed, investors can expect the basis of allotment to be finalized on August 17, 2026. Successful applicants are likely to receive shares in their demat accounts before the tentative listing on the NSE and BSE on August 19, 2026.
Shiprocket IPO Timeline (Tentative)
- IPO Open Date
- Wed, 12 Aug 26
- IPO Close Date
- Fri, 14 Aug 26
- Basis of Allotment
- Mon, 17 Aug 26
- Initiation of Refunds
- Tue, 18 Aug 26
- Credit of Shares to Demat
- Tue, 18 Aug 26
- Listing Date
- Wed, 19 Aug 26 — NSE & BSE
Open Date
12 August 2026
Close Date
14 August 2026
Basis Of Allotment
17 August 2026
Listing Date
19 August 2026
IPO Subscription
Check Live Subscription →The Shiprocket IPO has received bids for 9,38,52,82,214 shares against 9,44,36,030 shares offered, resulting in an overall subscription of 99.38x. the NII category is subscribed 88.99x, Retail Investors 46.42x, Employees 55.51x, and QIBs 122.8x. Within the NII category, BNII is subscribed 99.18x, while SNII is subscribed 68.62x.
QIB
122.8x
NII
88.99x
BNII
99.18x
SNII
68.62x
RII
46.42x
EMP
55.51x
Total
99.38x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,66,64,794 shares, representing 9.99% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,99,94,385 shares (29.98%), while Non-Institutional Investors (NIIs) receive 2,49,97,191 shares (14.99%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 74,991,568 | 44.97% |
| Qualified Institutions | 49,994,385 | 29.98% |
| Non-Institutional | 24,997,191 | 14.99% |
| BNII | 16,664,794 | 9.99% |
| SNII | 8,332,397 | 5% |
| Retail Investors | 16,664,794 | 9.99% |
| Employees | 113,636 | 0.07% |
| Total | 166,761,574 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2504.77 | 2308.62 | 2051.22 |
| Revenue | 2077.42 | 1674.82 | 1357.83 |
| Profit After Tax | -79.25 | -74.45 | -595.18 |
| Net Worth | 1524.29 | 1491.23 | 1284.16 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 242.01 | 244.67 | 213.28 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shiprocket Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROCE % | -2.65 | 0 | 0 |
| RoNW % | -5.2 | -4.99 | -46.13 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Shiprocket Limited | 10 | 0 | -1.23 | -1.23 | -5.2 | 23.96 |
| Unicommerce Esolutions Ltd | 1 | 47.75 | 1.79 | 1.78 | 10.6 | 17.17 |
About Shiprocket Limited
Incorporated in 2011, Shiprocket is one of India's leading e-commerce enablement platforms, providing technology-driven solutions that help micro, small and medium enterprises (MSMEs), direct-to-consumer (D2C) brands, and large retailers efficiently manage and scale 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.
Shiprocket began its journey as a shipping aggregation platform, enabling businesses to access multiple courier partners through a single interface. Over time, the company has evolved into a comprehensive e-commerce enablement ecosystem, offering a wide range of solutions that support merchants across the entire commerce value chain.
Core Services
Shiprocket's core shipping and logistics platform provides merchants with a range of features, including:
- Domestic shipping through multiple courier partners.
- Shipping automation software for order management.
- Instant pickup scheduling.
- Real-time order tracking.
- Secure and reliable delivery services.
- Weight verification to minimize shipping disputes.
- Faster Cash-on-Delivery (COD) payment settlements.
Business Segments
As the company expanded beyond shipping, it diversified into several business verticals, including:
- Cargo and Fulfilment Services: Warehousing, inventory management, and cargo logistics, including solutions offered through Shiprocket Omuni.
- Cross-Border Shipping: International logistics and customs support that enable Indian businesses to sell globally.
- Advertising and Marketing Solutions: Tools that help merchants improve customer acquisition, engagement, and sales performance.
- Merchant Solutions (Emerging Business): Products designed to enhance customer conversion, streamline operations, provide checkout and payment solutions, facilitate business financing, and support merchant growth.
International Presence
Shiprocket offers cross-border shipping through five major trade corridors connecting India with the United States, the United Kingdom, Canada, Europe, and Singapore. During Fiscal 2026, the company served customers across 146 countries, strengthening its position in the global e-commerce logistics market.
Comprehensive E-commerce Ecosystem
Today, Shiprocket provides an integrated suite of commerce solutions, including:
- Shipping and logistics services.
- Fulfilment centres and warehousing.
- Cargo and heavy logistics.
- Omnichannel commerce solutions through Shiprocket Omuni.
- International shipping with customs clearance support.
- Advertising and marketing tools.
- Checkout and payment solutions.
- Business financing and merchant loans.
- Hyperlocal delivery services.
- Various technology solutions that help merchants streamline operations and accelerate business growth.
Revenue Model
Shiprocket primarily follows a usage-based pricing model, under which merchants are charged based on their utilization of the platform. Revenue is generated from services such as shipping volumes, fulfilment operations, payment processing, transactions, logistics services, and other value-added merchant solutions. This scalable model aligns the company's revenue growth with the increasing business activity of its merchant base.
Shiprocket IPO Promoters
Our company is professionally managed and does not have a single identifiable promoter.
Promoters Holding
Holding Pre Issue
0.00%
Holding Post Issue
0.00%
Shiprocket IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Investment in the growth of our Shiprocket’s platforms - Investment in marketing initiatives primarily for our Emerging Business and for our Core Business
- Investment in the growth of our Shiprocket’s platforms - Investment in technology infrastructure and capabilities primarily for our Emerging Business and for our Core Business
- Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company including payment of the interest accrued thereon
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Shiprocket Limited Address / Contact Details
Shiprocket Limited
416, Phase III, Udyog Vihar,
Sector 20,
Gurgaon, Haryana, 122008
Tel: +91 8744868534
E-mail:companysecretary@shiprocket.com
Website:http://www.shiprocket.in/
IPO Snapshot
Shiprocket IPO Lot Size
The Shiprocket IPO has a lot size of 154 shares. Retail investors require a minimum investment of ₹14,938 by applying for 1 lot (154 shares). The maximum application allowed for the retail category is 13 lots (2,002 shares), requiring an investment of ₹1,94,194.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 154 | 14,938.00 |
| Retail (Max) | 13 | 2,002 | 194,194.00 |
| S-HNI (Min) | 14 | 2,156 | 209,132.00 |
| S-HNI (Max) | 66 | 10,164 | 985,908.00 |
| B-HNI (Min) | 67 | 10,318 | 1,000,846.00 |
Issue Reservation
- Anchor Investors — 44.97%
- QIB — 29.98%
- NII — 14.99%
- RII — 9.99%
- EMP — 0.07%
Book Running Lead Managers
- Bofa Securities India Limited
- Axis Capital Limited
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shiprocket IPO?
Shiprocket IPO is a Book-building IPO with a total issue size of ₹1617.59 crore. The Shiprocket IPO price band is ₹92 to 97 per share. The Shiprocket IPO subscription opens on Wed, Aug 12, 2026, and closes on Fri, Aug 14, 2026. The Shiprocket IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Shiprocket IPO.
When will the Shiprocket IPO open for subscription?
The Shiprocket IPO opens on Wed, Aug 12, 2026 and closes on Fri, Aug 14, 2026
What is Shiprocket IPO Price Band?
Shiprocket IPO Price Band is ₹92 to 97 per share.
What is Shiprocket IPO Lot Size?
Shiprocket IPO lot size is 154 shares, Retail investors need a minimum investment of ₹14938 based on the upper price band
What is the minimum investment for Shiprocket IPO?
The minimum investment for Shiprocket IPO is ₹14938, based on one lot of 154 shares at the upper price band of ₹97 per share.
How to apply for Shiprocket IPO?
Investors can apply for the Shiprocket IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 14, 2026. The application amount remains blocked until the Shiprocket IPO allotment is finalized.
What is Shiprocket IPO Issue Size?
Shiprocket IPO issue size is ₹1617.59 crores.
What is the Shiprocket IPO Allotment Date?
Shiprocket IPO allotment date is Mon, Aug 17, 2026.
Who is the Shiprocket IPO Registrar?
The registrar for Shiprocket IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Shiprocket IPO allotment status, refund processing, and other IPO-related information.
What is the Shiprocket IPO GMP?
The Shiprocket IPO GMP (Grey Market Premium) is ₹14 as of Thu, Aug 6, 2026. Based on the upper price band of ₹97 per share, the estimated Shiprocket IPO listing price is ₹111, indicating a potential listing gain of approximately 14.43% over the issue price.
Who is the Shiprocket IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shiprocket IPO are Axis Capital Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shiprocket IPO Red Herring Prospectus (RHP).