Shiprocket IPO
E-Commerce/App based Aggregator • ₹1617.49 Cr
Medium risk because:
- Loss-making or weak profitability noted in DRHP
- 5 material risk factors disclosed in DRHP
- Regulatory or legal risks cited in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹97
Lot Size
154 shares
Issue Size
₹1617.49 Cr
Open
12 Aug 2026
Close
14 Aug 2026
Subscription
99.0×
IPO Schedule
| Issue Open Date | 12 Aug 2026 |
| Issue Close Date | 14 Aug 2026 |
| Allotment Date | 17 Aug 2026 |
| Listing Date | 18 Aug 2026 |
About Shiprocket
Shiprocket is a technology platform that provides solutions for e-commerce transactions, including logistics, checkout, payments, fulfilment and cross-border trade. Its core business includes a domestic shipping platform that provides merchants access to logistics partners for deliveries within India, along with shipping applications for order tracking, pickups, secure shipments, weight management and cash-on-delivery remittance. The company also offers fulfilment services through fulfilment centres across India, a cargo platform for partial and full truckload deliveries and Shiprocket Omuni for managing online marketplaces, brand websites and physical retail stores. Its cross-border offerings include ShiprocketX for international parcel shipments and CargoX for international B2B cargo deliveries. Other offerings include advertising and marketing solutions, Fastrr Checkout, capital solutions through lending partners, and Shiprocket Quick for hyperlocal deliveries. The company operates through a technology platform and an ecosystem of logistics, fulfilment, payments, communication and other partners serving merchants across India and international markets.
Company Details
Founders / Promoters
Mr Saahil Goel
Founded
2011
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Shiprocket — IPOFins Verdict
QuantitativeDriven by QIB demand at 122.8x and moderate disclosed risk (6/10), Shiprocket listed at a premium of 35.1% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- The company operates an asset-light business model without owning delivery fleets or fulfilment centres. Its common technology infrastructure supports merchant management, billing, customer support an
- The company has a large and diversified merchant base. In FY26, it served 214,769 Active Merchants, while its top 1, 5 and 20 merchants contributed 2.83%, 7.43% and 17.65% of revenue from operations,
- The company processes a large volume of transactions and consumer data through its platform. Between October 2016 and March 2026, it processed more than 730 million unique transactions and served more
- The company has a high level of self-serve merchant onboarding. In FY26, 96.73% of merchant onboarding for its Core Business was completed without intervention from its support team. The platform also
- The company offers multiple e-commerce services through a single platform. Its offerings cover domestic shipping, fulfilment, cargo, cross-border logistics, checkout, marketing, financing and hyperloc
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score +1.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹97
Listing Price
₹131
Listing Gain/Loss
+35.05%
Listing Date
18 Aug 2026
Price Since Listing
Returns are measured against the ₹97 issue price.
Listing
₹131
+35.1%
1 Week
₹132.77
+36.9%
Current
₹131.23
+35.3%
Want to buy this stock?
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FAQ
What is the price band of Shiprocket IPO?
The price band is ₹97 per share with a lot size of 154 shares. Minimum investment: ₹14,938.
What does Shiprocket do?
Shiprocket is a technology platform that provides solutions for e-commerce transactions, including logistics, checkout, payments, fulfilment and cross-border trade. Its core business includes a domestic shipping platform that provides merchants access to logistics partners for deliveries within India, along with shipping applications for order tracking, pickups, secure shipments, weight management and cash-on-delivery remittance. The company also offers fulfilment services through fulfilment centres across India, a cargo platform for partial and full truckload deliveries and Shiprocket Omuni for managing online marketplaces, brand websites and physical retail stores. Its cross-border offerings include ShiprocketX for international parcel shipments and CargoX for international B2B cargo deliveries. Other offerings include advertising and marketing solutions, Fastrr Checkout, capital solutions through lending partners, and Shiprocket Quick for hyperlocal deliveries. The company operates through a technology platform and an ecosystem of logistics, fulfilment, payments, communication and other partners serving merchants across India and international markets.
Should I apply for Shiprocket IPO?
Shiprocket listed at ₹131 (+35.1% premium to the ₹97 issue price) after 99.0x subscription. IPOFins Score 9/10: Driven by QIB demand at 122.8x and moderate disclosed risk (6/10), Shiprocket listed at a premium of 35.1% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded Shiprocket?
Shiprocket was founded by Mr Saahil Goel in 2011.