Proceeds from the fresh issue will be used for marketing, technology investments, debt repayment, acquisitions and general corporate purposes.

E-commerce logistics firm Shiprocket Limited will launch its initial public offering on Wednesday, August 12, 2026, with bidding closing on Friday, August 14. Anchor investor bidding is scheduled for Tuesday, August 11.

The company has fixed a price band of ₹92 to ₹97 per equity share, each with a face value of ₹10. The minimum bid lot is 154 equity shares, meaning retail investors must commit approximately ₹14,938 at the upper price band.

The total offer size is ₹16,174.85 million. This comprises a fresh issue of equity shares worth up to ₹8,855 million and an offer-for-sale component of up to ₹7,319.85 million. The equity shares are proposed to be listed on both BSE and NSE, with NSE designated as the primary stock exchange.

Fresh issue proceeds earmarked for growth and debt repayment

Proceeds from the fresh issue will be deployed across four areas: marketing investments for the company’s core and emerging businesses; technology infrastructure development; repayment or prepayment of existing borrowings, including accrued interest; and funding unidentified acquisitions for inorganic growth, alongside general corporate purposes.

Offer structure and employee reservation

Under the offer structure, at least 75 per cent of the net offer is reserved for qualified institutional buyers. Non-institutional bidders may access up to 15 per cent of the net offer, while retail individual bidders are allocated up to 10 per cent. The company may also allocate up to 60 per cent of the QIB portion to anchor investors on a discretionary basis.

Employees are offered a reservation tranche of up to ₹10 million, with a potential discount of up to ₹9 per share on the offer price, subject to regulatory approvals.

Axis Capital, BofA Securities India, JM Financial, and Kotak Mahindra Capital are the book-running lead managers.

Published on August 6, 2026