BSE List Price : ₹129.50

NSE List Price : ₹131.00

subscription

Category	Times
QIBs	125.2x
HNIs	92.59x
Retail	48.3x
Total : 102.27x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	154	₹14,938
Retail Maximum	13	2,002	₹194,194
S-HNI Minimum	14	2,156	₹209,132
S-HNI Maximum	66	10,164	₹985,908
B-HNI Minimum	67	10,318	₹1,000,846

About the Company

Shiprocket Limited was originally incorporated in 2011 as Bigfoot Retail Solutions Private Limited. In 2024, the company changed its name to Shiprocket Private Limited and was subsequently converted into a public limited company in February 2025, adopting its current name.

Shiprocket is India's largest new-age end-to-end e-commerce enablement platform in terms of FY25 revenue, according to the Redseer Report. The company offers AI-powered technology solutions that enable MSMEs, D2C brands, and large enterprises to efficiently manage, streamline, and expand their e-commerce operations.

Its integrated platform delivers a wide range of solutions across the entire e-commerce ecosystem, including shipping, order fulfilment, checkout, payment processing, buyer communication, returns management, cross-border logistics, and omnichannel commerce. By combining artificial intelligence with data analytics, workflow automation, and supply chain capabilities, Shiprocket simplifies business operations while enhancing the overall customer experience.

The company initially began as a shipping solutions provider, with its core business focused on domestic logistics services such as instant pickups, shipment tracking, secure deliveries, weight reconciliation, and faster cash-on-delivery (COD) settlements. Over the years, Shiprocket has diversified its portfolio to include fulfilment centres, cargo and heavy logistics, omnichannel commerce solutions through Shiprocket Omuni, international shipping with customs assistance, advertising and marketing services, checkout and payment solutions, business financing, hyperlocal delivery services, and various other merchant-focused offerings.

Shiprocket predominantly operates on a usage-based revenue model, under which merchants pay based on their usage of the platform, including transaction volumes and the value of orders processed.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹1357.83	₹1708.64	₹-595.18	₹2051.22
2025	₹1674.82	₹1749.27	₹-74.45	₹2308.62
2026	₹2077.42	₹2153.36	₹-79.25	₹2504.77

Company Promoter

NA

Know before investing

• • Strengths

  Leading E-commerce Enablement Platform: India's largest new-age horizontal end-to-end e-commerce enablement platform, supported by a broad merchant network and strong customer reach.

  AI-Powered Technology Platform: Advanced AI, automation, and data-driven capabilities backed by a scalable, secure, and highly reliable technology infrastructure, enabling efficient large-scale operations.

• • Risks

  Acquisition & Integration Risk: Inability to effectively execute acquisitions, integrate acquired businesses, or realize the anticipated benefits from strategic investments may adversely affect the company's growth and profitability.

  Reliance on Ecosystem Partners: The company's cross-border business depends on third-party logistics and ecosystem partners. Any disruption, operational issues, or underperformance by these partners could negatively impact business operations and financial performance.

Objects of the Issue & Utilisation of proceeds

Investment in the growth of Shiprockets platforms-Investment in marketing initiatives primarily for Emerging Business and for Core Business

Investment in marketing initiatives primarily for the Emerging Business and for our Core Business.

Investment in technology infrastructure and capabilities primarily for the Emerging Business and for our Core Business.

Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon.

Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Company  Address

Shiprocket Ltd.
416, Phase III, Udyog Vihar,
Sector 20,
Gurugram, Haryana, 122008
Phone: 9711623070
Email: support@shiprocket.in
Website: https://www.shiprocket.in/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: shiprocket.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/