Shiprocket Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹92 - ₹97
- Lot size
- 154 shares
- Issue amount
- ₹1,617.48 cr
- Total subscription
- 102.27×
- Opens
- 12 Aug 2026
- Closes
- 14 Aug 2026
- Allotment
- 17 Aug 2026
- Listing
- 19 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 16,67,61,574 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,168
- Fresh issue
- ₹885.5 cr
- Offer for sale
- ₹731.98 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,938
- Issue type
- Bookbuilding IPO
- Shares before issue
- 63,62,78,384
- Shares after issue
- 72,75,77,587
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 154 | ₹14,938 |
| sHNI | 14 | 2,156 | ₹2,09,132 |
| bHNI | 67 | 10,318 | ₹10,00,846 |
Share reservation
Subscription & GMP
Subscription by category
Reported 14 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,08,213 | 43,25,800 |
| EMPLOYEES | 0 | 23,742 |
| HNIs(10L +) | 7,729 | 1,63,895 |
| HNIs (2-10L) | 3,865 | 2,65,608 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 484.95 | 60,715.58 |
| FIIs | 0 | 18,134.47 |
| FIs | 0 | 23,180.08 |
| Mutual Funds | 0 | 4,552.91 |
| Others | 0 | 14,848.13 |
| RETAIL | 161.65 | 7,807.07 |
| HNIs 2+ | 80.82 | 5,770.23 |
| HNIs 10+ | 161.65 | 16,679.49 |
| EMPLOYEES | 1.1 | 64.87 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | -1.23 | -1.24 | -10.32 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | -5.2 | -4.99 | -46.13 |
| PRE IPO(PE) | -77.6 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Unicommerce Esolutions Limited | 47.75 | 85 | 1 | 17.17 | 10.60 | 1.79 |
| Shiprocket Limited | -77.6 | 97 | 10 | 23.96 | -5.20 | -1.23 |
Company information
Company profile
Shiprocket is a technology-driven platform that helps Indian MSMEs and large retailers manage their e-commerce businesses more easily by simplifying shipping, payments, checkout, fulfilment, and even cross-border selling. It started as a domestic shipping platform offering services like quick pickups, order tracking, secure delivery, weight checks, and faster COD settlements, and has gradually expanded into a complete commerce enablement solution. Today, Shiprocket provides fulfilment centres, heavy and cargo logistics, omnichannel selling through Shiprocket Omuni, international shipping with customs support, marketing and advertising tools, checkout and payment solutions, business loans, and hyperlocal delivery services. The company mainly earns through usage-based pricing, where merchants pay based on platform usage. As per the Redseer Report, Shiprocket is India’s largest new-age end-to-end e-commerce enablement platform by revenue in FY25, supporting over 145,000 active merchants who processed more than 97 million transactions and served over 42 million customers in the six months ended September 30, 2025.
Strengths
- Market-Leading E-commerce Platform: The company is India's largest end-to-end e-commerce enablement platform, serving a large merchant base across the country.
- Scalable Self-Serve Platform: Its easy-to-use self-service platform allows merchants to onboard quickly with minimal support.
- AI & Technology-Driven Operations: The company uses AI, data analytics, and automation to deliver secure, scalable, and efficient operations.
Risk factors
- Acquisition & Integration Risk: Failure to successfully integrate acquisitions or achieve expected benefits from strategic investments could impact growth and profitability.
- Merchant Performance Risk: The company's revenue depends on the sales and transaction volumes of its merchants. Lower merchant activity could affect revenue and cash flow.
- Dependence on Ecosystem Partners: The company relies on third-party partners for cross-border operations. Any disruption or poor performance by these partners could impact business operations.
Registrar & documents
Lead manager
Axis Capital Limited, Bofa Securities India Limited, Jm Financial Limited, Kotak Mahindra Capital Company
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
416, Phase III, Udyog Vihar, Sector 20, Gurugram, Haryana, 122008
9711623070
[email protected]Company website ↗Understanding SHIPROCKET IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.