Shiprocket Limited came to market through an IPO that opened on 12 August 2026 and closed on 14 August 2026, and the shares listed on 19 August 2026 on BSE, NSE. The price band was ₹92 to ₹97 per share and one lot was 154 shares, so the minimum application was ₹14,938. The issue size was ₹1617.48 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹131, a gain of 35.1% against the issue price of ₹97. Kfin Technologies Ltd was the registrar to the issue, and Axis Capital Ltd., BOFA Securities India Ltd., JM Financial Ltd., Kotak Mahindra Capital Co.Ltd were the lead managers.
As of 14 August 2026.
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Overall the issue was subscribed 102.27 times.
Shiprocket is an end-to-end, technology-enabled platform for Indian MSMEs as well as large retail businesses. Shiprocket allows Indian MSMEs as well as retail businesses to operate online as well as offline by streamlining shipping options. According to the Redseer report, Shiprocket is the leading new-age end-to-end Indian e-commerce enablement platform in terms of sales in FY25.
Shiprocket was initially founded as a shipping platform, and its primary business is its domestic shipping service and shipping apps, which help provide services such as instant pickup, order tracking, etc. However, over a period of time, Shiprocket has moved beyond the shipping segment. They now provide various services that improve the overall experience of the merchants as well as their customers.
Some of the services provided by Shiprocket include fulfillment centers, cargo services, logistics services, omnichannel commerce solutions through Shiprocket Omuni, international shipping solutions with customs, advertising services, payment solutions, business loans, and so on. Shiprocket mainly derives its revenues through the usage-based model of charging its customers, whereby customers pay based on the volume of use of the Shiprocket platform.
As described in the offer document.
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Shiprocket Limited finalised its anchor investor allocation on August 11, 2026, raising ₹727.42 crore from 50 institutional investors at an anchor price of ₹97 per share.
The anchor book comprises 7,49,91,568 equity shares, with domestic mutual funds receiving 66.76% of the allocation through 13 fund houses across 31 schemes, including SBI Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund, Kotak Mahindra Mutual Fund, Mirae Asset Mutual Fund, UTI Mutual Fund, Motilal Oswal Mutual Fund, Bandhan Mutual Fund, PGIM India Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, ITI Mutual Fund, and Union Mutual Fund.
Life insurance companies and pension funds received 7.12%, led by ICICI Prudential Life Insurance, Tata AIA Life Insurance, Edelweiss Life Insurance, and multiple Axis Max Life Insurance schemes. Leading foreign portfolio investors include Nomura Funds Ireland, Ashoka WhiteOak Emerging Markets Equity Fund, and Public Sector Pension Investment Board, each at 6.19%, along with Goldman Sachs Funds and Goldman Sachs ETF Trust, together accounting for 26.12% of the total allocation.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Shiprocket IPO was a ₹1,617.48 crore book-built issue, comprising a fresh issue of ₹885.5 crore and an offer for sale of ₹731.98 crore. It was priced at ₹92–₹97 per share with a lot size of 154 shares (₹14,938). The IPO was open from August 12 to August 14, 2026 and was subscribed 102.27x. Shares listed on BSE and NSE on August 19, 2026 at ₹131, a 35.1% premium to the issue price of ₹97. Kfin Technologies Ltd. is the registrar.
Axis Capital Ltd. and 3 other book running lead managers manage the issue.
The price band of Shiprocket IPO is ₹92 to ₹97 per share.
The lot size of Shiprocket IPO is 154 shares.
The minimum investment for Shiprocket IPO is approximately ₹14,938 based on the upper price band.
The allotment date of Shiprocket IPO is Aug 17, 2026.
No GMP quote could be verified as recorded before Shiprocket IPO listed. A grey-market observation of ₹35 per share was recorded on 19 Aug 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹131. GMP is unofficial and does not forecast or guarantee the actual listing price.
Shiprocket IPO listed on Aug 19, 2026. It was issued at ₹131.0(NSE) and is currently around ₹125.90 as on 2-Nov-2026 3:30 PM, which is approximately 29.8% versus issue price. The 52-week high is ₹156.90.
You can check Shiprocket IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shiprocket IPO allotment status on Rupix for quick and easy access.
₹92 to ₹97 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 154 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,938.
₹14,938, for one lot of 154 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 12 August 2026 and closed on 14 August 2026.
The basis of allotment was published on 17 August 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 19 August 2026 on BSE, NSE, opening at ₹131.
The issue size was ₹1617.48 crore. The fresh issue was 9,12,99,203 shares (aggregating up to ₹885.5 crore). The offer for sale was 7,54,62,363 shares (aggregating up to ₹731.98 crore).
It listed at ₹131 against an issue price of ₹97, a gain of 35.1 percent on listing day.