Shiprocket IPO Details, Financials, Valuation & Peers
Explore Shiprocket IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Shiprocket is an end-to-end, technology-driven e-commerce enablement platform designed to support Indian MSMEs and large retailers. According to the Redseer Report, it is India’s largest new-age platform of its kind by revenue for FY25. The company operates on a usage-based pricing model, where merchants pay based on the volume of transactions or order value processed.
Core Business Shiprocket’s core business centers on domestic shipping services and shipping applications. These tools provide essential logistics features, including instant pickups, order tracking, secure delivery, weight verification, and expedited Cash-on-Delivery (COD) payments.
Main Products and Services Beyond its shipping foundation, the platform offers a comprehensive suite of merchant solutions to manage online and offline commerce:
- Logistics & Fulfilment: Fulfilment centres, cargo and heavy logistics, and hyperlocal delivery options.
- Commerce Tools: Omnichannel support through Shiprocket Omuni, international shipping with customs assistance, and checkout and payment tools.
- Business Growth: Advertising and marketing solutions alongside access to business loans.
Key Highlights
- Market Leadership: Recognized as India’s largest new-age end-to-end e-commerce enablement platform by revenue for FY25.
- Scale of Operations: In the six months ending September 30, 2025, the platform supported over 145,000 active merchants.
- Transaction Volume: During that same period, merchants processed more than 97 million transactions.
- Customer Reach: The platform served over 42 million customers with a repeat customer rate of 64.56%.
- Diverse Client Base: The ecosystem supports businesses of all sizes, including more than 8,500 high-volume “Power Merchants.”
Objects of the Issue
- Investment in the growth of Shiprockets platforms-Investment in marketing initiatives primarily for Emerging Business and for Core Business
- Investment in marketing initiatives primarily for the Emerging Business and for the Core Business
- Investment in technology infrastructure and capabilities primarily for the Emerging Business and for the Core Business
- 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 and general corporate purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Aug - 14 Aug 2026 |
| IPO Price Band | ₹92 - ₹97 per share |
| Fresh Issue | ₹885.50 crore |
| Offer For Sale | ₹731.98 crore |
| Total IPO Size | ₹1,617.48 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Aug 2026 |
| IPO Closing Date | 14 Aug 2026 |
| Basis Of Allotment | 17 Aug 2026 |
| Refunds | 18 Aug 2026 |
| Demat Transfer | 18 Aug 2026 |
| IPO Listing Date | 19 Aug 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 2,051.22 | 2,308.62 | 2,504.77 |
| Total Income | 1,357.83 | 1,674.82 | 2,077.42 |
| Profit After Tax | -595.18 | -74.45 | -79.25 |
| EBITDA | -495.89 | -17.16 | -16.56 |
| NET Worth | 1,284.16 | 1,491.23 | 1,524.29 |
| Total Borrowing | 213.28 | 244.67 | 242.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Shiprocket Ltd. | -78.23 | -1.24 | -5.2% | 23.96 |
| Unicommerce Esolutions Ltd | 47.75 | 1.78 | 10.6% | 17.17 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not more than 10% of the Net Offer |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1Kotak Mahindra Capital Co.Ltd.
- 2JM Financial Ltd.
- 3BOFA Securities India Ltd.
- 4Axis Capital Ltd.
Company Address
Shiprocket Ltd.416, Phase III, Udyog Vihar,
Sector 20,
Gurugram, Haryana – 122008
Website: https://www.shiprocket.in/
Phone: 9711623070
Email: support@shiprocket.in
FAQs
- What is the issue size of the Shiprocket IPO?The Shiprocket IPO has an issue size of ₹1,617.48 crore. This includes a fresh issue of ₹885.50 crore and an offer for sale (OFS) of ₹731.98 crore.
- What is the price band of the Shiprocket IPO?The price band for the Shiprocket IPO is ₹92 - ₹97 per share.
- What are the bidding dates for the Shiprocket IPO?The Shiprocket IPO will open for bidding on 12 Aug 2026 and close on 14 Aug 2026.
- What is the allotment date for the Shiprocket IPO?The allotment date for the Shiprocket IPO is 17 Aug 2026.
- What is the listing date for the Shiprocket IPO?The listing date for the Shiprocket IPO is 19 Aug 2026.
- What is the Shiprocket IPO grey market premium?The grey market premium (GMP) for the Shiprocket IPO is currently at ₹14, with an expected listing gain of approximately 14.43%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.