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S

Shiprocket

· Mainboard · NSE, BSE

ListedCheck allotment

Price Band

₹92–97

Lot Size

154 shares

Issue Size

₹1,617 Cr

Min. Investment

₹14,938

  • GMP
  • Subscription
  • Analysis
  • Dates
  • Financials
  • FAQ

Grey Market Premium

Indicative, updates through the day

₹35(+36.08% over cap price)

Cap price plus current GMP: ₹132 — arithmetic, not a forecast

Subscription Status

QIB125.2x
NII92.22x
bNII103.18x
sNII70.31x
Retail46.95x
Employee57.72x

ShiprocketIPO: In-Depth Research & Market Analysis

Shiprocket IPO is a Mainboard issue that listed on NSE, BSE on 19 August 2026. The issue price band is fixed at ₹92–₹97 per equity share with a minimum market lot size of 154 shares, bringing the total issue size to ₹1,617 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,938.

ShiprocketIPO GMP Today & Market Expectations

The latest unlisted Grey Market Premium (GMP) for Shiprocket IPO is quoted at ₹35, representing a premium of approximately 36.08% over the upper price band of ₹97. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹132, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.

ShiprocketIPO Subscription Status & Demand Analysis

As per the latest exchange feeds from BSE and NSE, Shiprocket IPO has been subscribed 101.93x overall — with QIB at 125.2x, NII at 92.22x, bNII at 103.18x, sNII at 70.31x, Retail at 46.95x, Employee at 57.72x, representing over 47,33,515 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.

How to Apply for ShiprocketIPO & Check Allotment

The minimum investment for retail investors is one lot of 154 shares (approx. ₹14,938 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).

The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 17 August 2026 and listing completed on 19 August 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.

Data verified against official SEBI RHP & Exchange FeedsEducational Analysis · Not Investment Advice

Listing Performance

Issue Price

₹97

Listed At

₹131

Current Price

₹143.45

About Shiprocket

Incorporated in 2011, Shiprocket is an Indian e-commerce enablement company. It provides technology-driven solutions that help micro, small and medium enterprises (MSMEs), direct-to-consumer (D2C) brands, and large retailers manage and grow their online and offline businesses. According to the Redseer Report, Shiprocket was India's largest new-age end-to-end e-commerce enablement platform by revenue in FY25. The company initially started as a shipping platform. Its core services include domestic shipping and shipping software that offer features such as instant pickups, order tracking, secure delivery, weight verification, and faster cash-on-delivery (COD) payment settlements. Over the years, Shiprocket has expanded its offerings beyond shipping. Its key business segments include: The company offers international shipping through five major shipping lanes connecting India with the United States, the United Kingdom, Canada, Europe, and Singapore. Through these routes, it served customers in 146 countries during Fiscal 2026. In addition to shipping, Shiprocket now provides fulfilment centres, cargo and heavy logistics, omnichannel commerce solutions through Shiprocket Omuni, international shipping with customs support, advertising and marketing tools, checkout and payment solutions, business loans, hyperlocal delivery services, and other merchant-focused products. Shiprocket primarily generates revenue through a usage-based pricing model, where merchants pay based on how much they use the platform, such as the number of shipments, transactions, or the value of orders processed.

Issue Objectives

  • Investment in the growth of Shiprockets platforms-Investment in marketing initiatives primarily for Emerging Business and for Core Business
  • Investment in marketing initiatives primarily for the Emerging Business and for the Core Business
  • Investment in technology infrastructure and capabilities primarily for the Emerging Business and for the Core Business
  • Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes
  • Issue Expenses

Anchor Investors

Shiprocket IPO raises ₹727.42 crore from anchor investors. Shiprocket IPO Anchor bid date is August 11, 2026.

Reservation

CategoryShares Offered%
QIB12,49,85,94875%
− Anchor Investor7,49,91,5680%
− QIB (Ex. Anchor)4,99,94,3800%
NII (HNI)2,49,97,18915%
− bNII > ₹10L1,66,64,7930%
− sNII < ₹10L83,32,3960%
Retail1,66,64,79310%
Employee1,13,6360%
  • QIB75.0%
  • − Anchor Investor0.0%
  • − QIB (Ex. Anchor)0.0%
  • NII (HNI)15.0%
  • − bNII > ₹10L0.0%
  • − sNII < ₹10L0.0%
  • Retail10.0%
  • Employee0.0%

Market Lot Size

ApplicationLotsSharesAmount
Retail (Min)1154₹14,938
Retail (Max)132002₹1,94,194
S-HNI (Min)142156₹2,09,132
S-HNI (Max)6610164₹9,85,908
B-HNI (Min)6710318₹10,00,846

Financials (₹ Cr)

31 Mar 202431 Mar 202531 Mar 2026
Total AssetsRevenueProfit After Tax

Valuations

EPS (Pre IPO)

-1.25

EPS (Post IPO)

-ve

ROE

-5.20%

P/E (Pre IPO)

-77.6

P/E (Post IPO)

-ve

Price / Book

4.05

Market Cap

₹6,171.90 Cr.

Peers Comparison

CompanyP/EROERevenue
Shadowfax Technologies Ltd.1017.96₹1,907.27 Cr
Om Freight Forwarders Ltd.19.56₹122.31 Cr
Glottis Ltd.18.38₹307.00 Cr
Sampark India Logistics Ltd.8.65₹27.22 Cr
Global Ocean Logistics India Ltd.12.07₹30.41 Cr
Neptune Logitek Ltd.13.76₹46.62 Cr

Contact Details

Shiprocket Ltd. Address

  • 1220089711623070
  • support@shiprocket.in
  • https://www.shiprocket.in/

Registrar Contact Details

KFin Technologies Ltd.

  • +91 40 6716 2222
  • einward.ris@kfintech.com
  • https://kfintech.com
  • Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032

Frequently Asked Questions

As of today, the grey market premium (GMP) for Shiprocket IPO is ₹35, which is 36.08% over the upper price band of ₹97.

Read our analysis

Shiprocket IPO Review: Business Model, Financials & Valuation Analysis →

Key Dates

Open Date
12 Aug 2026
Close Date
14 Aug 2026
Basis of Allotment
17 Aug 2026
Listing Date
19 Aug 2026

Issue Details

Registrar
KFin Technologies
Lead Manager(s)
Exchange
NSE, BSE
Check allotment status