Shiprocket IPO
Shiprocket IPO closed on 14 Aug 2026. Allotment 17 Aug 2026, listing 19 Aug 2026. Price band ₹92–₹97, lot 154 shares, GMP +₹36 (37.11%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | Mainboard · NSE & BSE |
| Price band | ₹92–₹97 |
| Lot size | 154 shares |
| Minimum investment | ₹14,938 |
| Issue size | ₹1617.48 Cr |
| GMP | +₹36 (37.11%) |
| Open date | 12 Aug 2026 |
| Close date | 14 Aug 2026 |
| Allotment date | 17 Aug 2026 |
| Listing date | 19 Aug 2026 |
| Registrar | KARVY |
About Shiprocket
Shiprocket Limited is an e-commerce enablement platform, providing a comprehensive suite of technology solutions designed to help merchants scale their online businesses. Its offerings are organized into two main segments: Core Business and Emerging Business. The Core Business focuses on streamlining logistics, order fulfillment, and managing returns. It generates ~73% revenues and is profitable at operating level. The Emerging Business extends the company’s services to include cargo and fulfillment solutions with warehousing, cross-border shipping, and ads and marketing tools like a one-click checkout platform. This business is still small and not profitable. Shiprocket also facilitates access to capital solutions by connecting merchants with lending partners and provides hyperlocal, on-demand delivery services, functioning as an integrated platform for various e-commerce operational…
Strengths
- Tech-enabled, end-to-end e-commerce and logistics enablement platform
- Large and diversified merchant base across MSMEs and enterprises
- Asset-light, scalable platform integrated with multiple logistics partners
- Broad product suite covering shipping, fulfilment, and cross-border services
- A professionally managed company with no promoters; founders each own under 5%
Risks
- History of losses and potential continuation of negative cash flows
- Over 80% of logistics is handled by the top 5 vendors, suggesting concentration risk
- High competition in e-commerce enablement and logistics markets
- Exposure to regulatory and policy changes
- Technology failures or outages could disrupt operations