Shiprocket IPO Day 3: Subscription Status, Timeline & Key Issue Details

Shiprocket’s ₹1,617.48 crore IPO entered its final day of subscription on August 14, 2026, with the issue priced in the ₹92 to ₹97 per share range. As of 10:40 AM on the third day of bidding, the IPO had been subscribed 6.56 times.

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 3 Subscription Status

[August 14, 2026, 10:40 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

Incorporated in 2011, Shiprocket Limited is an Indian e-commerce enablement platform that offers technology-led solutions to MSMEs, D2C brands and large retailers. Its services cover shipping, fulfilment, checkout, payments and cross-border logistics. As per the Redseer Report, Shiprocket was India’s largest new-age horizontal e-commerce enablement platform offering end-to-end solutions, based on revenue from operations in Fiscal 2026.

In FY26, the company supported merchants across 146 countries through five international shipping corridors. Its revenue is primarily derived from a usage-based business model.

Key Financial Highlights 

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