Shiprocket IPO GMP today is Rs 36. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
SHIPROCKET
Shiprocket IPO GMP & Allotment
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 Price Band
- ₹92.00 - ₹97.00
- Lot Size
- 154 Shares
- Bidding Closes
- 14 Aug 2026
- Listing Date
- 19 Aug 2026
Current GMP Status
₹36
+37.11% vs upper band
Est. Listing Gain
+35.05%
Last Trend
13 Aug 2026
Listing Price
₹131.00
Retail Entry
₹14,938
IPO Details
Complete IPO information
| IPO Open Date | 12 Aug 2026 |
|---|---|
| IPO Close Date | 14 Aug 2026 |
| IPO Price Band | ₹92.00 - ₹97.00 |
| Lot Size | 154 Shares |
| Current GMP | ₹36 |
| Estimated Listing Gain | +35.05% |
| Issue Size | Approx ₹2,342 Cr |
| Fresh Issue | - |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 99.38x |
| Minimum Investment | ₹14,938 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 509.70 | 62593.38 | 122.80x |
| NII | 174.92 | 23143.58 | 88.99x |
| Retail | 408.16 | 8047.83 | 46.42x |
| Overall Subscription | 817.98 | 93851.67 | 99.38x |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Shiprocket is priced at ₹97 per share. With a minimum lot size of 154 shares, a retail investor applying for one lot would need approximately ₹14,938 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Shiprocket stands at ₹36, implying an estimated listing gain of around 37.11% over the issue price if it holds until listing. This is up ₹4 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Shiprocket's IPO was subscribed 99.38x overall, with a category-wise breakdown of Retail 46.42x, QIB 122.8x, NII 88.99x.
Among the strengths highlighted in Shiprocket's IPO documents: Tech-enabled, end-to-end e-commerce and logistics enablement platform; Large and diversified merchant base across MSMEs and enterprises.
Investors should also weigh the risk factors Shiprocket has disclosed, including: History of losses and potential continuation of negative cash flows.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
12 Aug 2026
✓
Bidding Closes
14 Aug 2026
✓
Allotment
17 Aug 2026
✓
Listing
19 Aug 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 13 Aug 2026 | ₹34.00 | +₹4.00 | 35.05% |
| 12 Aug 2026 | ₹30.00 | +₹8.00 | 30.93% |
| 10 Aug 2026 | ₹22.00 | - | 22.68% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 154 | ₹14,938 |
| Retail Maximum | 13 Lot | 2,002 | ₹1,94,194 |
| S-HNI Minimum | 14 Lot | 2,156 | ₹2,09,132 |
| S-HNI Maximum | 66 Lot | 10,164 | ₹9,85,908 |
| B-HNI Minimum | 67 Lot | 10,318 | ₹10,00,846 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
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
Analysis
Shiprocket IPO Reservation
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.
Analysis
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.
Analysis
Shiprocket IPO 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 Shiprocket IPO is tentative and subject to change.
Analysis
Shiprocket IPO Promoters and Holding 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.
Analysis
Shiprocket Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Shiprocket About 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.
Analysis
Shiprocket Company Financials
To Be Updated Soon
Analysis
Shiprocket Company Valuation – FY2026
To Be Updated Soon
Analysis
Shiprocket IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- Axis Capital Ltd.
- BOFA Securities India Ltd.
- JM Financial Ltd.
- Kotak Mahindra Capital Co. Ltd.
Comparison
Compare Shiprocket IPO with similar IPOs
FAQ
Shiprocket IPO FAQs
Shiprocket IPO price band is Rs 92.00 to Rs 97.00. Check the latest issue price, lot size and GMP together before applying.
Shiprocket IPO open date is 12 Aug 2026, close date is 14 Aug 2026, and listing date is 19 Aug 2026.
Shiprocket IPO lot size is 154 shares. The minimum retail investment is Rs 14,938.
Shiprocket is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Shiprocket IPO subscription status currently shows Retail 46.42x, QIB 122.8x, NII 88.99x, Overall 99.38x.
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
Shiprocket IPO issue size is 2342 and the expected allotment date is 17 Aug 2026.
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