GMP IPO Watch
Shiprocket IPO 2026: ₹2,024 Crore Revenue, 4 Lakh+ Seller Ecosystem, Day-2 Subscription and Growth Analysis
Shiprocket IPO is open from August 12 to 14, 2026 at ₹92–₹97 per share. Explore its ₹1,617...
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S
Mainboard IPO
LISTED
NSE, BSE
SHIPROCKET
Shiprocket IPO
Shiprocket IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹36
+37.1%
Est. Listing: ₹133.00
Price Band
₹92 - ₹97
Per equity share
Lot Size
154 Shares
Min Invest: ₹14,938
Issue Size
₹2,342 Cr
Total Public Offering
Issue Dates
11 August 2026 – 13 August 2026
Bidding period
Subscription
99.38x
Total overall demand
Shiprocket IPO Details
Key facts at a glance| IPO Open Date | 11 August 2026 | IPO Close Date | 13 August 2026 |
|---|---|---|---|
| Basis of Allotment | 16 August 2026 | Listing Date | 18 August 2026 |
| Price Band | ₹92 - ₹97 per share | Face Value | ₹10 per share |
| Market Lot Size | 154 Shares | Min Investment (Retail) | ₹14,938 |
| Total Issue Size | ₹2,342 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Shiprocket IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 11 August 2026 | Confirmed |
| IPO Close Date | 13 August 2026 | Confirmed |
| Basis of Allotment | 16 August 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 18 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Shiprocket IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 154 Shares | ₹14,938 |
| Retail (Max) | 13 Lots | 2,002 Shares | ₹1,94,194 |
| S-HNI (Min) | 14 Lots | 2,156 Shares | ₹2,09,132 |
| S-HNI (Max) | 66 Lots | 10,164 Shares | ₹9,85,908 |
| B-HNI (Min) | 67 Lots | 10,318 Shares | ₹10,00,846 |
Shiprocket IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹36 +37.1%
Estimated Listing Price
₹133.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 13 Aug 2026 | ₹34 | ₹131.00 | +35.05% |
| 12 Aug 2026 | ₹30 | ₹127.00 | +30.93% |
| 10 Aug 2026 | ₹22 | ₹119.00 | +22.68% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Shiprocket IPO Subscription Status
Demand breakdown by investor category
Retail
46.42x
QIB
122.80x
NII / HNI
88.99x
Total
99.38x
About Shiprocket
Shiprocket Limited is a technology-driven e-commerce enablement company incorporated in 2011. The company was originally incorporated as Bigfoot Retail Solutions Private Limited and later rebranded as Shiprocket, converting into a public limited company in 2025. It is a professionally managed company with no identifiable promoter. Shiprocket operates a digital platform that enables merchants to manage logistics and fulfilment across the e-commerce value chain. Its core operations include domestic shipping, shipping software tools, and integrated logistics services for MSMEs and large retailers. The company also offers emerging solutions such as cross-border shipping, fulfilment services, data intelligence, and value-added commerce tools. The business follows a platform-led model, generating revenue through merchant subscriptions, service fees, and usage-based charges. Shiprocket’s key strengths include its technology-first approach, extensive logistics partner network, scalable platform architecture, and focus on simplifying e-commerce operations for merchants across India and international markets
Key Strengths
- Tech-enabled, end-to-end e-commerce and logistics enablement platform
- Large and diversified merchant base across MSMEs and enterprises
- Asset-light, scalable platform integrated with multiple logistics partners
- Broad product suite covering shipping, fulfilment, and cross-border services
- Strong technology and data capabilities are improving efficiency and experience
Key Risks
- History of losses and potential continuation of negative cash flows
- Dependence on third-party logistics and service partners
- High competition in e-commerce enablement and logistics markets
- Exposure to regulatory and policy changes
- Technology failures or outages could disrupt operations
Shiprocket IPO Reservation & Share Quotas
The Shiprocket IPO follows the SEBI-prescribed reservation structure for a Book Built Issue. The issue is allocated among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The final allotment in each category will depend on investor participation and the basis of allotment finalized after the IPO closes.
The category-wise reservation details for the public issue are provided below.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Excluding Anchor) | – Shares | 75% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 10% |
Note: The exact number of shares reserved for each investor category, including Anchor Investors, will be announced before the IPO opens for subscription. The final allocation will be completed in accordance with SEBI regulations and the approved issue structure.
Shiprocket IPO Anchor Investors
Shiprocket Limited has reserved a portion of its IPO for eligible Anchor Investors before the public issue opens for subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day before the public issue, helping improve price discovery and strengthening investor confidence in the offering.
The details below include the anchor bidding schedule, proposed allocation, issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors and allocation details will be announced after the completion of the anchor placement process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 11, 2026 |
| Anchor Investors List | To be announced |
| Shares Offered | [.] Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The final anchor investor list, number of shares allotted, anchor issue size, and exact lock-in period end dates will be updated after the completion of the anchor allocation process. The lock-in period for anchor investors will be applicable in accordance with SEBI regulations.
Shiprocket IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Aug 2026 |
| IPO Close Date | 14 Aug 2026 |
| Basis of Allotment | 17 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 19 Aug 2026 |
Note: The timeline for షిప్రోకెట్ IPO is tentative and subject to change.
Shiprocket Promoters and Shareholding Pattern
Shiprocket Limited does not have an identifiable promoter or promoter group as defined under the applicable SEBI regulations. The company operates under a professionally managed ownership structure with shareholding held by institutional investors, venture capital funds, and other shareholders.
The table below presents the shareholding pattern before and after the IPO based on the proposed issue structure.
| Category | Pre IPO Shares | Pre IPO Holding | Post IPO Shares | Post IPO Holding |
|---|---|---|---|---|
| Promoter and Promoter Group | – | -% | – | -% |
| Others* | – | 100% | – | 100% |
| Total | 18,58,70,958 | 100% | 27,71,70,161 | 100% |
Note: Shiprocket Limited is a professionally managed company with no identifiable promoter. The post-IPO shareholding pattern is based on the proposed issue structure and may change after the completion of the IPO allotment process.
Shiprocket Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Shiprocket About the IPO
Incorporated in 2011, Shiprocket is a new-age merchant-first and AI-driven technology platform that helps MSMEs to operate their E-commerce business efficiently by providing services like logistics, checkout, payments, fulfillment, and cross-border trade, allowing Merchants to sell online and offline both efficiently.
Initially, Shiprocket was just a shipping platform where they offered domestic shipping, instant pickups, order tracking, secure delivery, weight verification, and faster cash-on-delivery (COD) payment settlements. Over time, the firm decided to expand its business with Cargo and fulfilment services, Cross-border shipping, Advertising and marketing, and Merchant solutions. The company has five main international shipping routes that connect India with: the United States, the United Kingdom, Canada, Europe, and Singapore.
Shiprocket Company Financial Report
To Be Updated Soon
Shiprocket Company Valuation & Key Performance Indicators
To Be Updated Soon
Shiprocket Peer Group Comparison
To Be Updated Soon
Shiprocket Lead Managers & Merchant Bankers
- Axis Capital Ltd.
- BOFA Securities India Ltd.
- JM Financial Ltd.
- Kotak Mahindra Capital Co. Ltd.
Shiprocket IPO FAQs
Shiprocket IPO opens for subscription on 11 August 2026 and closes on 13 August 2026.
The price band for Shiprocket IPO is set at ₹92.00 to ₹97.00 per share.
The minimum market lot size is 154 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 154 Shares (₹14,938).
The latest Grey Market Premium (GMP) for Shiprocket IPO is ₹36. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Shiprocket IPO is tentatively scheduled for 16 August 2026, and shares are expected to list on the stock exchanges on 18 August 2026.
The registrar details will be confirmed in the official prospectus.
Shiprocket IPO Analysis & Articles
