Shiprocket IPO
SEBI has granted its approval to the Initial Public Offer (IPO) of Shiprocket Ltd. on October 31, 2025. The company will proceed with the IPO launch, subject to market conditions and further regulatory clearances. The SEBI approval is valid for 12 months.
Shiprocket Ltd. IPO is a Book-Build Issue.
The equity shares are proposed to be listed on NSE and BSE.
The Book Running Lead Managers and Registrar are yet to be declared.
Key details such as price band, lot size, and IPO dates will be announced in due course.
🕗 Last Update: 5 November 2025, 6.00 AM
👉 GMP | Reviews | Subscription | Allotment
IPO Key Dates
| Event | Date |
|---|---|
| IPO Opens on | — |
| IPO Closes on | — |
| Allotment on | — |
| Initiation of Refunds | — |
| Credit of Shares | — |
| Listing Date | — |
Promoter Holding
| Particulars | % |
|---|---|
| Promoter Holding Pre Issue | — |
| Promoter Holding Post Issue | — |
Objects of IPO
The IPO consists of a Fresh Issue + Offer for Sale.
Funds are expected to be used for:
-
Product development
-
Strategic acquisitions
-
Business expansion
(Exact breakup to be updated once RHP is filed)
Business
Shiprocket Ltd., founded in 2017, is a leading Indian eCommerce logistics and shipping technology platform enabling businesses to streamline shipping through courier aggregation, automated workflows, and real-time tracking.
Initially incorporated as Bigfoot Retail Solutions Pvt. Ltd., the company is headquartered in Gurgaon (Delhi NCR).
The platform caters primarily to D2C brands and independent merchants, which contribute 70–80% of revenues.
Services span across:
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Courier aggregation and automated shipping
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Real-time tracking and delivery management
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Fulfilment services & warehousing
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Cross-border shipping and quick-commerce logistics
Shiprocket is backed by reputed investors such as Zomato and Temasek.
📌 Revenue grew 21% YoY in FY24, and the company turned cash-flow positive in FY25.
IPO Details
| Particulars | Details |
|---|---|
| Face Value | Rs. — per share |
| Issue Price Band | Rs. — to Rs. — per share |
| Lot Size | — |
| Sale Type | Fresh Issue & Offer for Sale |
| Total Issue Size | — |
| Listing At | BSE, NSE |
DRHP Status
| Description | Date |
|---|---|
| DRHP Filed | May 21, 2025 |
| SEBI Approval | October 31, 2025 |
Registered Office
Shiprocket Ltd.
416, Phase III, Udyog Vihar,
Sector 20, Gurgaon, Haryana – 122008
📞 9711623070
✉ support@shiprocket.in
🌐 https://www.shiprocket.in/
Registrar
| Field | Details |
|---|---|
| Registrar | — |
| Phone | — |
| — | |
| Website | — |
Lead Managers
To be announced
Financial Snapshot
(To be updated once available)
| Period | Revenue | PAT | EBITDA | Net Worth | Debt |
|---|---|---|---|---|---|
| FY24 | — | — | — | — | — |
| FY23 | — | — | — | — | — |
Chanakya View
Shiprocket is a rapidly expanding D2C-focused logistics and fulfilment technology platform, operating in a structurally growing segment led by eCommerce penetration and small-brand digitisation. With strong investors like Temasek & Zomato, expanding cross-border logistics, and a shift to profitability in FY25, fundamentals look promising.
However, financial performance details and valuations will determine attractiveness. We will update the review once price-band and latest FY numbers are available.
Chanakya Verdict: Review will be updated after price-band announcement and financial disclosure.
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