Shiprocket IPO Opens Aug 12: Price ₹92-₹97

Shiprocket’s Initial Public Offer (IPO) is scheduled to open on Wednesday, August 12, 2026, with the company setting its equity share price band between ₹92 and ₹97 per share.

Key Offer Details

• Total offer size: ₹16,174.85 million
• Fresh issue component: ₹8,855.00 million
• Offer for Sale (OFS) component: ₹7,319.85 million
• Face value per share: ₹10
• Minimum bid: 154 equity shares

The IPO will close on Friday, August 14, 2026. Proceeds from the fresh issue are earmarked for several strategic initiatives, bolstering both core operations and future expansion.

Funding Strategic Initiatives

• Investments in marketing for Emerging and Core Businesses
• Enhancing technology infrastructure and capabilities
• Repayment or prepayment of certain company borrowings
• Funding inorganic growth through unidentified acquisitions
• General corporate purposes

The equity shares from this IPO are slated for listing on both BSE Limited and the National Stock Exchange of India Limited (NSE). Axis Capital Limited, BofA Securities India Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited are the book running lead managers for this issue.

Investor Allocation

• Reservation for eligible employees: Up to ₹10.00 million in shares
• Employee discount: Up to ₹9 per equity share on the offer price
• Qualified Institutional Buyers (QIBs): Not less than 75% of the Net Offer
• Non-Institutional Bidders (NIBs): Not more than 15%
• Retail Individual Bidders (RIBs): Not more than 10%

Anchor investors will have their bidding period on Tuesday, August 11, 2026, ahead of the public offering.