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Shiprocket IPO Details
Issue Date
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Investment/lot
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Price Range
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Lot Size
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IPO Size
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About Shiprocket IPO
Shiprocket, the logistics and supply chain platform backed by Zomato and Temasek, has received a nod from capital market regulator Sebi for its initial public offering (IPO) pegged at ₹2500 crores. The company had pre-filed its draft red herring prospectus (DRHP) with Sebi through the confidential route in May 2025. The company aims to raise around ₹1200 to ₹1400 crores through primary issue and the rest via offer for sale.
Shiprocket IPO opens on [XX] and closes on [YY]. The allotment of shares will take place on [TBA]. The credit of shares to the demat account will take place on [TBA]. The initiation of refunds will take place on [TBA]. The listing of shares will take place on [TBA].
Shiprocket enables eCommerce sellers with AI-driven technology and dependable services that encompasses conversion, order fulfilment, buyer communication, shipping and much more. Leveraging data, workflows and supply chain at scale, the platform provides all one needs for a delightful customer experience.
Objectives of Shiprocket IPO
TBA
Shiprocket IPO Lot Size
| Application | Lots | Shares | Amount in INR |
|---|---|---|---|
Individual Investors (Retail) (Min) | TBA | TBA | TBA |
Individual Investors (Retail) (Max) | TBA | TBA | TBA |
S-HNI (Min) | TBA | TBA | TBA |
S-HNI (Max) | TBA | TBA | TBA |
B-HNI (Min) | TBA | TBA | TBA |
Shiprocket IPO Share Offer and Subscription Details
Industry Outlook
India’s logistics sector is expected to reach $800 billion in valuation by 2030, thus contributing to 11% of the country's GDP. The growth will be primarily driven by tech integration, government initiatives, infrastructure upgrades and skilled workforce. Thanks to initiatives such as the National Logistics Policy, PM GatiShakti, etc., the sector is becoming more structured.
Shiprocket Company Information
Shiprocket is a logistics and supply chain platform. It was founded by Saahil Goel, Gautam Kapoor and Vishesh Kapoor. It enables businesses to streamline shipping through courier integration, automated solutions and real-time tracking.
Strengths of Shiprocket
TBA
Risks of Shiprocket
TBA
Peer Comparison
| Company Name | Total Income (in ₹ crores) | Basic EPS in ₹ | Return on Net Worth (in %) | NAV per Share (in ₹) |
|---|---|---|---|---|
Shiprocket | TBA | TBA | TBA | TBA |
Delhivery | TBA | TBA | TBA | TBA |
Blue Dart | TBA | TBA | TBA | TBA |
FedEx | TBA | TBA | TBA | TBA |
Anchor Investor Bidding Date
TBA
IPO Registrar and Book Running Lead Managers
- IPO Registrar: TBA
- Book Running Lead Managers: Axis Capital, Kotak Mahindra, JM Financial, BofA Securities
Shiprocket Business Model
Following an asset-light model, Shiprocket helps connect eCommerce sellers with courier service providers. It makes money from every shipment that's moved through its platform. It also offers fee-based subscription options. The firm’s emerging line of businesses includes cross-border shipping, checkout and fulfilment operations and marketing services.
Shiprocket Growth Trajectory
For FY 25, the company reported a 24% rise in its operating revenue to ₹1632 crores. It also reduced its net loss to ₹74 crores from ₹595 crores in the previous fiscal. The company’s emerging business portfolio also recorded a 25% improvement in cash EBITDA.
Shiprocket Market Position
Shiprocket’s merchant base has experienced an expansion. It has around 4 lakh merchants served and 1.8 lakh active on the platform. About 66% of its deliveries come from tier II and tier III cities. Thanks to deep integration with courier partners, including India Post, the company can reach the last mile.
Shiprocket Profit and Loss (in ₹ crores)
| Parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Total Income | TBA | TBA | TBA |
Profit/ (Loss) Before Tax | TBA | TBA | TBA |
Profit/(Loss) After Tax | TBA | TBA | TBA |
EBITDA | TBA | TBA | TBA |
Basic EPS in ₹ | TBA | TBA | TBA |
Shiprocket Balance Sheet (in ₹ crores)
| Parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Profit/ (Loss) Before Tax | TBA | TBA | TBA |
Net Cash Generated From/ (used in) From Operating Activities | TBA | TBA | TBA |
Net Cash (used in) / Generated from Investing Activities | TBA | TBA | TBA |
Net Cash (used in)/ Generated from Financing activities | TBA | TBA | TBA |
Cash and Cash Equivalents at the End of the Period | TBA | TBA | TBA |
How to Check Allotment Status of Shiprocket?
1. Visit the Registrar’s Website
Visit the registrar’s website and check the link for IPO allotment status. Enter your application number, DP or client ID and click on ‘Submit’ to know the status.
2. Check on the Bombay Stock Exchange Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the ‘Investor Services’ tab. Under ‘Investors Services’, click on ‘Status of Issue Application’. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:
- Choose the Issue Type
- Select the Issue Name from dropdown
- Put in either your application number or PAN number
- Check the box ‘I’m not a robot’
- Click on ‘Search’ to know allotment status
3. Check on BSE Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the ‘Investors’ tab. Under ‘Investors’, click on ‘IPO’. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:
- Select ‘Equity’ from the dropdown menu
- Choose ‘Shiprocket’ in the next dropdown
- Enter your application number
- Enter your PAN
- Click ‘Search’ to know allotment status
How to Apply for the Shiprocket IPO?
- Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
- Specify IPO details - Enter the number of lots and the price you wish to apply for.
- Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
- Mandate Notification - Your UPI app will receive a mandate notification to block funds.
- Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Shiprocket IPO FAQs
What is the Shiprocket IPO?
The Shiprocket IPO is pegged at ₹2500 crores comprising fresh issue and an offer for sale.
When will the IPO of Shiprocket go live?
The exact dates of the IPO are yet to be announced.
Who is the MD and CEO of Shiprocket?
Saahil Goel is the MD and CEO of Shiprocket.
What is the lot size of shares in the Shiprocket IPO?
The lot size of shares in the Shiprocket IPO is TBA.
From where can I read more about the IPO of Shiprocket?
You can read more about the IPO of Shiprocket from the company’s draft red herring prospectus here.