Shiprocket Limited’s Initial Public Offer to open on Wednesday August 12, 2026
FinTech BizNews Service
Mumbai, 6 August, 2026: Shiprocket Limited (the “Company”), shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Wednesday, August 12, 2026.
The Price Band of the Offer has been fixed at Rs 92 to Rs 97 per Equity Share of face value Rs10 each. (“Price Band”).
Bids can be made for a minimum of 154 Equity Shares of face value Rs10 each and in multiples of 154 Equity Shares of face value Rs10 each thereafter. (“Minimum Bid Lot”).
(L to R) Saahil Goel, MD and CEO, Shiprocket; Tanmay Kumar, CFO, Shiprocket Limited
The Anchor Investor Bidding Date shall be Tuesday, August 11, 2026. The Bid/Offer shall open on Wednesday, August 12, 2026.
The total offer size of equity shares with face value of Rs10 each aggregating up to Rs16,174.85 million, comprises of a fresh issue of equity shares aggregating up to Rs8,855.00 million and an Offer for sale of equity shares aggregating up to Rs7,319.85 million.
Shiprocket Limited enables eCommerce sellers with AI-driven technology and dependable services encompassing conversion, order fulfilment, shipping, buyer communication, returns management, and more. Its platform leverages data, workflows and supply chains at scale, providing a delightful customer experience.
The company proposes to utilize the net proceeds from the fresh issue towards Investment in the growth of the Shiprocket’s platforms by way of investment in marketing initiatives primarily for its Emerging Business and for its Core Business; for investment in technology infrastructure and capabilities primarily for its Emerging Business and for its Core Business; Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon; and Funding inorganic growth through unidentified acquisitions and general corporate purposes.
The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on the Stock Exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). For the purpose of the Offer, NSE is the Designated Stock Exchange.
Axis Capital Limited, BofA Securities India Limited, JM Financial Limited and Kotak Mahindra Capital Company Limited are the book running lead managers to the issue.
The offer includes a reservation of equity shares of face value of Rs 10 each, aggregating up to Rs 10.00 million, for subscription by eligible employees (“employee reservation portion”). The Company, in consultation with the BRLMs, may offer a discount of up to Rs 9 per equity share of the offer price to eligible employees bidding in the employee reservation portion (“employee discount”), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the “net offer”.
