Resurfacing an August move: Shiprocket had cut IPO size 31% to ₹1,617 crore as issue opened August 12

Gurugram-based e-commerce enablement platform Shiprocket had reduced its IPO to ₹1,617.48 crore, comprising a ₹885.5 crore fresh issue and ₹731.98 crore OFS, ahead of the issue opening on August 12, 2025. Funds were earmarked for marketing, technology, debt repayment and acquisitions.

— Filed Thu, 6 Aug, 2026, 09:03 IST · Source Entrackr · Updated

Gurugram-based e-commerce enablement firm Shiprocket cut its IPO size 31% to Rs 1,617.48 crore. Proceeds will fund marketing, technology, debt repayment and acquisitions. FY26 revenue rose 24% to Rs 2,024 crore, while loss widened to Rs 79 crore.

Why this matters

The August IPO resizing followed reports that Shiprocket eyed a ₹2,342 crore IPO at a ₹7,000 crore valuation; later signals set a ₹92–97 per-share price band and a ₹1,617.5 crore raise.

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