Shiprocket IPO Day 1: Subscription Status, Timeline & Key Issue Details

Shiprocket’s ₹1,617.48 crore initial public offering (IPO) opened for public subscription today, August 12, 2026, with a price band of ₹92 to ₹97 per share. As of 10:50 A.M on the first day of bidding, the issue had been subscribed 0.17 times.

The IPO will remain open for subscription until August 14, 2026. The basis of allotment is expected to be finalised on August 17, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 19, 2026.

Shiprocket IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: Up to ₹1,617.48 crore
• Fresh Issue: Up to ₹885.50 crore
• Offer for Sale (OFS): Up to ₹731.98 crore 
• Face Value: ₹10 per equity share
• Price Band:  ₹92 to ₹97 per share
• Lot Size: 154 shares
• Minimum Investment Amount (Retail Investor):  ₹14,938 (154 shares based on upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: Axis Capital Limited, BofA Securities India Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited
• Registrar: KFin Technologies Limited

Shiprocket IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Shiprocket IPO Day 1 Subscription Status

[August 12, 2026, 10:50 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• Investment in the growth of Shiprocket's platforms through:
• marketing initiatives primarily for the Emerging Business and Core Business segments
• technology infrastructure and capabilities for the Emerging Business and Core Business segments
• Repayment / prepayment, in full or in part, of certain borrowings availed of by the company including payment of the interest accrued thereon
• Funding inorganic growth through unidentified acquisitions
• General corporate purposes

About Shiprocket Limited

Shiprocket Limited, incorporated in 2011, is an Indian e-commerce enablement platform offering technology-led solutions to MSMEs, D2C brands and large retailers. Its platform brings together domestic shipping, fulfilment, checkout, payments and cross-border logistics, enabling merchants to manage and scale their online operations. According to the Redseer Report, Shiprocket was India’s largest new-age end-to-end horizontal e-commerce enablement platform by revenue from operations in Fiscal 2026.

Initially launched as a shipping platform, the company has expanded into cargo and fulfillment, omnichannel commerce through Shiprocket Omuni, international shipping, advertising and marketing solutions, merchant financing and hyperlocal deliveries. In Fiscal 2026, it served merchants across 146 countries through five key international shipping corridors. Its primary revenue model is usage-based, with customers paying for shipments, transactions and other platform services.

Key Financial Highlights 

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