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

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By Business Desk•
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A wide, elevated shot of a bustling trading floor with many professionals at desks with multiple monitors.

Indian stock exchange trading floor during an IPO launch

Key Highlights

Shiprocket’s IPO launches August 12, 2026, with shares priced ₹92-₹97. Discover offer details, funding plans, and listing information.

Shiprocket’s Initial Offer () 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
  • (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 Limited and the 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
  • (QIBs): Not less than 75% of the Net Offer
  • Non-Institutional Bidders (NIBs): Not more than 15%
  • Individual Bidders (RIBs): Not more than 10%

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