Shiprocket IPO

Shiprocket Limited is a listed issue, offered in a price band of ₹97 to ₹97 per share, in lots of 154 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹97 – ₹97

Lot size

154 shares

Minimum investment

₹14,938

Issue size

₹1,617.48 Cr

Fresh issue

₹885.5 Cr

Offer for sale

₹731.98 Cr

Opens

12 Aug 2026

Closes

14 Aug 2026

Listing date

19 Aug 2026

Registrar

KFin Technologies Limited

Symbol

SHIPROCKET

One lot of 154 shares at the upper band price of ₹97 is ₹14,938 — the smallest retail application this issue accepts.

Lead managers: Axis Capital Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 14 Aug 2026, 07:05 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹33

Implied over upper band

34.00%

As of

18 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company has a profitable and scalable Core Business with operating leverage.
• The company benefits from expanding platform network effects that drive merchant growth and service adoption.
• The company leverages scale to optimize its business performance.
• The company offers a self-serve platform that provides an enterprise-grade experience and draws organic traffic.
• The company has a diversified merchant base, minimizing revenue concentration risk.
• The company ensures full transaction accountability, enhancing merchant trust and retention.
• The company utilizes an AI, data, and automation-driven platform for operational efficiency.
• The company has a modular and open platform that enables rapid expansion.

Risk factors disclosed in the offer document

• The company has incurred restated losses for the period/year and may continue to incur significant losses if it cannot generate adequate revenue growth and manage expenses.
• The company may be unsuccessful in making, integrating, and maintaining acquisitions and strategic investments, which could hinder business growth and prevent the realization of expected returns.
• The company relies on management's judgment for funding requirements and net proceeds deployment, with no independent appraisal.
• The company's results of operations and cash flows are significantly impacted by the operational results and business decisions of its merchants, web traffic, and its ability to attract merchants.
• The company may face challenges in growing its cross-border business due to limited experience in such international markets and reliance on ecosystem partners.
• The company does not have exclusive arrangements with its logistics partners, which could lead to prioritization of services to competitors or refusal to renew contracts.
• The company may face challenges expanding into new business verticals or product categories, potentially leading to substantial expenditure and delayed returns.
• The company has incurred negative cash flows from operations in Fiscals 2024 and 2023, and may incur negative cash flows in the future, which could adversely impact liquidity and prospects.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (KFin Technologies Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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