Upcoming Mainboard IPO SHIPROCKET

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

IPO Details

Complete IPO information

Current GMP -
Estimated Listing Gain TBA
Price Band TBA
Issue Price TBA
Listing Price TBA
Lot Size TBA
Issue Type Mainboard
Issue Size Approx ₹2,342 Cr
Registrar TBA
Exchange NSE, BSE
Retail Quota TBA
Overall Subscription TBA
Listing Date TBA
Minimum Investment TBA
Timeline

IPO roadmap at a glance

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Bidding Opens TBA
02
Bidding Closes TBA
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Allotment TBA
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Listing TBA
Market Lot

Application size breakdown

Category Lots Shares Amount
Retail Minimum - - -
Retail Maximum - - -
S-HNI Minimum - - -
S-HNI Maximum - - -
B-HNI Minimum - - -
Issue Notes

Important takeaways before applying

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

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