Shiprocket IPO Opens August 12; Price Band Fixed at ₹92-97 Per Share
Bilkul Bazaar | By Rafat Quadri
E-commerce enablement platform Shiprocket Limited on Friday announced the price band for its Initial Public Offering (IPO) at ₹92 to ₹97 per equity share, with the issue set to open for public subscription on August 12 and close on August 14. The anchor investor bidding will take place on August 11.
The announcement was made during an interaction with the media in Ahmedabad by Saahil Goel, Managing Director & CEO, along with Tanmay Kumar, Chief Financial Officer, and Harshil Shah, AVP – Equity Capital Markets.
The IPO comprises a fresh issue of shares worth ₹885.5 crore and an Offer for Sale (OFS) aggregating ₹731.99 crore, taking the total issue size to about ₹1,617.49 crore. Investors can bid for a minimum of 154 equity shares and in multiples thereafter. The company plans to list its shares on both the BSE and the NSE.
Addressing the media, Saahil Goel, MD & CEO of Shiprocket, said the proceeds from the fresh issue would be utilised to accelerate the company’s next phase of growth by investing in marketing initiatives, technology infrastructure, repayment of certain borrowings, strategic acquisitions, and general corporate purposes. He expressed confidence that India’s fast-growing digital commerce ecosystem offers significant opportunities for Shiprocket to expand its platform and strengthen its leadership position.
Adding a touch of humour during the interaction, Goel remarked, “People often ask whether we own a ship or a rocket. The answer is neither—we’re in the business of powering commerce. We don’t own ships or rockets, but we help score of businesses deliver faster and grow smarter.” The light-hearted comment drew smiles from the audience while reinforcing the company’s technology-driven logistics identity.
Speaking on the IPO, Tanmay Kumar, CFO, said the public issue marks an important milestone in Shiprocket’s growth journey and will provide the financial strength required to deepen investments in innovation and expand the company’s capabilities across its core and emerging businesses.
The company said the IPO is being managed by Axis Capital Limited, BofA Securities India Limited, JM Financial Limited and Kotak Mahindra Capital Company Limited, the book-running lead managers to the issue.
Founded in 2012 by Saahil Goel, Gautam Kapoor, Vishesh Khurana and Akshay Gulati, Shiprocket has evolved from a website-building platform into one of India’s leading e-commerce enablement companies. The company provides an end-to-end, API-led technology platform that helps merchants manage logistics, checkout, payments, fulfilment, customer communication and cross-border commerce through a single integrated ecosystem. Today, it serves businesses selling through their own websites, mobile apps, marketplaces and social media channels.
Shiprocket says it supports more than 2.5 lakh digital retailers, provides access to 42+ courier partners, covers over 19,000 serviceable pin codes across India and enables deliveries to 220+ countries and territories. The company has also expanded beyond shipping into AI-powered commerce solutions, warehousing, financial services and cross-border logistics, positioning itself as a comprehensive commerce infrastructure platform for MSMEs, D2C brands and large retailers.
Shiprocket IPO Snapshot
| Particulars | Details |
| IPO Opens | August 12, 2026 (Wednesday) |
| IPO Closes | August 14, 2026 (Friday) |
| Anchor Book Opens | August 11, 2026 |
| Price Band | ₹92 – ₹97 per equity share |
| Face Value | ₹10 per equity share |
| Issue Size | ₹1,617.49 crore |
| Fresh Issue | ₹885.50 crore |
| Offer for Sale (OFS) | ₹731.99 crore |
| Minimum Bid Lot | 154 equity shares |
| Listing | BSE & NSE |
| Lead Managers | Axis Capital, BofA Securities India, JM Financial, Kotak Mahindra Capital |
| Use of Fresh Issue Proceeds | Marketing, technology infrastructure, repayment of borrowings, strategic acquisitions and general corporate purposes |
(Rafat Quadri is the editor of BB reached at editorbilkul@gmail.com)
Disclaimer: This article is for information purpose only and is not investment advice. Please read the IPO documents carefully before investing.
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