Shiprocket IPO to Open on August 12, 2026: Price Band, Issue Size, Subscription Dates and Key Details 

06 August 2026
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Shiprocket’s ₹1,617.48 crore initial public offering (IPO) is set to open for subscription on August 12, 2026. According to the Red Herring Prospectus (RHP), the book-built issue comprises a fresh issue of 9.13 crore equity shares aggregating up to ₹885.50 crore and an Offer for Sale (OFS) of 7.55 crore equity shares aggregating up to ₹731.98 crore by existing shareholders.

The IPO will remain open until August 14, 2026, while the anchor investor portion will open for subscription on August 11, 2026. The basis of allotment is expected to be finalised on August 17, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE 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:

Event 

Date

Subscription Opening Date

12 August 2026

Subscription Closing Date

14 August 2026

Basis of Allotment Date

17 August 2026

Refund Initiation Date

18 August 2026

Credit of Shares

18 August 2026

Listing on BSE and NSE

19 August 2026

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

Explore other Upcoming IPOs on BSE and NSE.

Shiprocket IPO Category-wise Investment Limits

The application size for each category is as follows -

Category

Investment Range

Qualified Institutional Buyers (QIBs)

Not less than 75% of the Net Issue 

Non-Institutional Investors (NIIs)

Not more than 15% of the Net Issue 

Retail Individual Investors (RII)

Not more than 10% of the Net Issue 

The minimum investment amount for each category, based on the upper price band of ₹97 per share, is as follows -

Investor Category

Lots

Shares

Investment Amount (Approx.)

Retail (Minimum)

1

154

₹14,938

Retail (Maximum)

13

2,002

₹1,94,194

sNII (Minimum)

14

2,156

₹2,09,132

bNII (Minimum)

67

10,318

₹10,00,846

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 that provides technology-driven solutions for MSMEs, D2C brands, and large retailers. Its platform integrates domestic shipping, fulfillment, checkout, payments, and cross-border logistics, helping merchants efficiently manage and scale their online businesses. According to the Redseer Report, Shiprocket was the largest new-age end-to-end horizontal e-commerce enablement platform in India by revenue from operations in Fiscal 2026.

Originally launched as a shipping platform, the company has expanded into cargo and fulfilment, omnichannel commerce through Shiprocket Omuni, international shipping, advertising and marketing solutions, merchant financing, and hyperlocal deliveries. It served merchants across 146 countries in Fiscal 2026 through five major international shipping corridors and primarily generated revenue through a usage-based pricing model, where customers pay based on shipments, transactions, and other platform services.

Key Financial Highlights 

Particulars

FY26      

  (in ₹ crore)

FY25      

  (in ₹ crore)

FY24                                         (in ₹ crore)

Revenue from operations

2,024.14 

1,632.01 

1,315.98

EBITDA

(16.56)

(17.16)

(495.89)

Profit After Tax (PAT)

(79.25)

(74.45)

(595.18)

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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