Table of Contents
Online selling has grown fast in India. Small shop owners and big brands both sell on the internet now. But shipping products to customers is not easy. It needs courier tie-ups, tracking, and smooth delivery.
Shiprocket solves this problem. It connects sellers with logistics partners. Now, this company is coming out with its IPO. Many investors are excited about the Shiprocket IPO.
Learn Stock Marketing with a Share Trading Expert! Explore Here!
Key Takeaways
- Open and Close Date – The Shiprocket IPO opens on August 12, 2026, and closes on August 14, 2026.
- Price Band – The price band is fixed at ₹92 to ₹97 per share.
- Lot Size – The lot size is 154 shares. One lot needs an investment of about ₹14,938.
- Issue Size – The total issue size is ₹1,617.48 crore. It includes a fresh issue of ₹885.50 crore and an offer for sale of ₹731.98 crore.
- Allotment and Listing Dates – Allotment is expected on August 17, 2026. Listing is expected on August 19, 2026, on both BSE and NSE.
- Revenue – Shiprocket is India’s largest new-age e-commerce enablement platform by revenue.
More about Shiprocket
1: What is a stock?
Started in 2011, Shiprocket is a technology company. As the company does not own trucks or warehouses, this makes it an “asset-light” business. Instead, it connects sellers with over 42 logistics partners. It also works with more than 250 other ecosystem partners.
A platform that helps small businesses ship products easily, it also helps large retailers and D2C (direct-to-consumer) brands. Shiprocket offers many services including domestic shipping, warehousing, and order management.
The company also offers cross-border shipping through ShiprocketX and CargoX. Other services include checkout solutions, marketing tools, and business loans through lending partners.
Shiprocket also runs Shiprocket Quick. This service handles fast, local deliveries. The company has processed over 730 million transactions since 2016 and has served more than 155 million customers. This shows the huge scale of its operations.
Key Dates of Shiprocket IPO
The Shiprocket IPO has a clear timeline and the important dates are:
| IPO Opens | August 12, 2026 |
| IPO Closes | August 14, 2026 |
| Basis of Allotment | August 17, 2026 (tentative) |
| Listing Date | August 19, 2026 (tentative) |
The shares will list on both the BSE and NSE. Please note that these dates are tentative. They may change based on market conditions and regulatory approvals.
Shiprocket IPO Price Band
The price band for the Shiprocket IPO is set between ₹92 and ₹97 per share. This means investors can bid within this range.
The final price will depend on demand during the bidding period. This is called “book building.” The face value of each share is ₹10.
Shiprocket IPO Lot Size
Understanding the lot size is important before you apply. Here are the details:
| Lot Size | 154 shares per lot |
| Minimum Investment (Retail) | ₹14,938 (at the upper price band of ₹97) |
| Maximum Retail Investment | 13 lots, which is 2,002 shares, costing about ₹1,94,194 |
Retail investors cannot buy less than one lot. They also cannot go beyond the maximum limit set for their category. About 10% of the total issue is reserved for retail investors. The rest is split between institutional and non-institutional investors.
Stock Market Training Reviewed & Monitored by SEBI Registered Investment Advisor
Trusted, concepts to help you grow with confidence. Enroll now and learn to start investing the right way.
Know moreShiprocket IPO Issue Size
The Shiprocket IPO is worth ₹1,617.48 crore in total. This amount comes from two parts:
- Fresh Issue: ₹885.50 crore. This money goes directly to the company.
- Offer for Sale (OFS): ₹731.98 crore. This money goes to existing shareholders who are selling their shares.
The fresh issue will help the company get new funds. The OFS lets early investors and shareholders exit partly or fully.
How will Shiprocket Use the IPO Money?
The company plans to use most of the fresh issue funds for a specific purpose. It wants to repay or reduce its overdraft loans. An overdraft loan allows a business to withdraw more money than it actually has in its bank account.
As of July 2026, Shiprocket’s total debt stood at around ₹244.50 crore. Reducing this debt will improve the company’s financial health. Some funds may also go toward general corporate purposes.
Shiprocket’s Financial Performance
Before you invest in the Shiprocket IPO, it’s quite essential to go through the numbers. When compared to the previous year, Shiprocket’s revenue grew by 24% in FY26. Being a logistics-technology company, this is a healthy growth rate.
However, the company is still not profitable. It reported a loss of ₹79 crore for the year ending March 2026. The good news is that this loss has reduced sharply. In FY24, the loss was much higher at ₹595.18 crore. This shows the company is moving toward profitability.
Its core shipping platform alone generated ₹1,485 crore in revenue in FY26. It also posted an adjusted EBITDA of ₹187 crore from this segment.
Who is Managing the Shiprocket IPO?
Every IPO has key people managing the process. For the Shiprocket IPO, Axis Capital Ltd is the book running lead manager. This firm helps decide the price and manages the entire issue process.
The registrar for this IPO handles all allotment-related work. Investors can check their allotment status on the registrar’s website once it is available.
How to Apply for the Shiprocket IPO
Applying for the Shiprocket IPO is simple. You can do it online through your broker or bank. Here are the steps:
- Open your trading app or net banking portal. Most brokers and banks offer IPO applications online.
- Find the Shiprocket IPO in the list of live or upcoming IPOs.
- Check the details. Review the price band, lot size, and dates one more time.
- Choose the number of lots. Decide how many lots you want to apply for, based on your budget.
- Enter your UPI ID or use ASBA. ASBA (Application Supported by Blocked Amount) is available through net banking. UPI is offered by most brokers.
- Approve the mandate request. You will get a request on your UPI app. Approve it to block the funds.
- Wait for allotment. Your money stays blocked in your account. It is not deducted until shares are allotted to you.
If you do not get an allotment, your blocked funds are released automatically. This makes the process safe and simple for retail investors.
Things to Keep in Mind
Before you apply for the Shiprocket IPO, consider these points:
- Check the grey market premium (GMP). This gives a rough idea about listing gains. But GMP is unofficial and can change quickly.
- Read the company’s prospectus. This document has detailed information about risks and finances.
- Understand that Shiprocket is not yet profitable. The company is reducing losses, but it has not turned profitable.
- Diversify your investments. Never invest all your money into one IPO, however promising it looks.
- Watch for updates. Dates and price bands can sometimes change before the final listing.
Learn Stock Marketing with a Share Trading Expert! Explore Here!
Conclusion
The Shiprocket IPO offers investors an opportunity. An opportunity to become part of the growing e-commerce logistics story in India. For small and large online sellers, Shiprocket plays an important role by offering a wide range of services.
It ranges from shipping to checkout and cross-border trade. The Shiprocket IPO opens on August 12, 2026, and closes on August 14, 2026. The price band is ₹92 to ₹97 per share, with a lot size of 154 shares.
Before you apply for the IPO, study the company’s financials, growth story, and risks carefully. Also, every investment decision should match your own financial goals and risk appetite.
Stock Market Training Reviewed & Monitored by SEBI Registered Investment Advisor
Trusted, concepts to help you grow with confidence. Enroll now and learn to start investing the right way.
Know moreFrequently Asked Questions
When does the Shiprocket IPO open?
The Shiprocket IPO opens on August 12, 2026, and closes on August 14, 2026.
What is the price band of the Shiprocket IPO?
The price band is ₹92 to ₹97 per share.
What is the lot size for the Shiprocket IPO?
The lot size is 154 shares. This costs about ₹14,938 at the upper price band.
When will Shiprocket shares list on the stock exchange?
Shares are expected to list on August 19, 2026, on BSE and NSE.
How can I apply for the Shiprocket IPO?
You can apply online using UPI or ASBA through your broker or bank’s platform.
What is the total issue size of the Shiprocket IPO?
The total issue size is ₹1,617.48 crore, including a fresh issue and an offer for sale.
Is Shiprocket a profitable company?
No, Shiprocket reported a loss in FY26. However, losses have reduced sharply compared to previous years.







