Shiprocket sets ₹92–₹97 IPO price band; subscription opens August 12
E-commerce enablement platform Shiprocket plans to raise up to ₹1,617.5 crore through an IPO opening August 12 and closing August 14. The offer includes a fresh issue of up to ₹885.5 crore and an OFS of up to ₹731.99 crore, with proceeds earmarked for marketing, technology, debt repayment and acquisitions.
Indian e-commerce enablement platform Shiprocket will open its ₹16.17 billion IPO on August 12 at ₹92–₹97 per share. Fresh-issue proceeds will fund marketing, technology, debt repayment, acquisitions and corporate purposes; shares are proposed to list on NSE and BSE.
Why this matters
The price band follows Shiprocket’s plans for a ₹1,618 crore IPO and its FY26 results, where revenue rose 24% to ₹2,024 crore while losses widened ahead of the listing.
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