- Shiprocket raised Rs 727.41 crore from 50 anchor investors before its IPO opening August 12
- The IPO includes a fresh issue of Rs 885.5 crore and an offer for sale of Rs 732 crore
- Funds will be used for marketing, technology, debt repayment, acquisitions, and corporate needs
Shiprocket has raised Rs 727.41 crore from 50 anchor investors ahead of its initial public offering, which opens for subscription on August 12.
The anchor allocation comes a day before the public issue opens and includes global and domestic institutional investors such as Nomura, Ashoka WhiteOak, Goldman Sachs and Societe Generale.
The Gurugram-based e-commerce company has allotted 7.5 crore equity shares to anchor investors at the upper end of the price band.
The IPO will remain open from August 12 to August 14. At the top end of the price band, the IPO will will fetch about Rs 1,617.5 crore.
Shiprocket IPO: Fresh Issue And OFS
The IPO comprises a fresh issue of shares worth Rs 885.5 crore and an offer for sale (OFS) of Rs 732 crore by existing shareholders.
A significant portion of the anchor allocation went to domestic mutual funds. Shiprocket said 5 crore shares were allotted to 13 domestic mutual funds through 31 schemes.
The allocation also included 53.41 lakh shares worth Rs 51.8 crore for insurance companies, including Tata AIA Life, Axis Max Life and Edelweiss Life.
The company is backed by investors including Bertelsmann, Temasek, Tribe Capital and Zomato.
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Where Will Shiprocket Use IPO Money?
Shiprocket plans to deploy Rs 365.6 crore from the fresh issue towards marketing, technology infrastructure and capabilities.
Another Rs 210 crore will be used to repay debt. The company had total borrowings of Rs 244.5 crore as of July 10, 2026.
The remaining funds will support potential acquisitions and general corporate purposes.
Shiprocket provides logistics, checkout, payments, fulfilment and cross-border trade services to online merchants. Its platform is designed to help small and large businesses manage multiple parts of their e-commerce operations.
Revenue Rises, But Loss Continues
Shiprocket's business expanded during FY26, although the company remained loss-making.
Revenue increased 24% to Rs 2,024.1 crore in the financial year ended March 2026, compared with Rs 1,632 crore a year earlier.
However, its loss widened to Rs 79.2 crore from Rs 74.4 crore in the previous financial year.
This makes profitability and the company's ability to convert its revenue growth into sustainable earnings important factors for investors to track after the IPO.
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Shiprocket IPO: Key Dates And Details
Shiprocket's IPO will open on August 12 and close on August 14. The allotment is expected to be finalised on August 17, while the shares are scheduled to list on August 19 on the NSE and BSE.
The IPO has a price band of Rs 92 - Rs 97 per share, with a lot size of 154 shares. At the upper price, a retail investor would need Rs 14,938 for one lot.
The IPO is being managed by Axis Capital, BofA Securities India, JM Financial and Kotak Mahindra Capital Company.
Meanwhile, the grey market premium (GMP) is Rs 28, as of 9 PM on Tuesday. However, it should be noted that GMP does not represent official data and is based on speculation.
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