Shiprocket targets ₹1,618 crore IPO as merchant-software revenue gains share
Shiprocket plans to open its ₹1,618-crore IPO on 12 August while broadening from parcel delivery into cross-border, omnichannel, checkout and marketing software. Emerging-tech services contributed more than 25% of FY26 revenue, growing 65% year on year.
Shiprocket will open a ₹1,618-crore IPO on 12 August while expanding beyond parcel delivery into cross-border commerce, omnichannel software, checkout and marketing tools. Its non-shipping services exceeded 25% of FY26 revenue and grew 65%, supporting investments in AI, fulfillment and dark stores.
Why this matters
The IPO follows Shiprocket's FY26 revenue reaching ₹2,024 crore, up 24%, while losses widened 7%. Earlier signals also tracked its merchant-logistics growth strategy ahead of the offering.
Omni-channel is accelerating, up +220800% QoQ.