Shiprocket IPO

About Shiprocket IPO

Shiprocket, the logistics and supply chain platform backed by Zomato and Temasek, has received a nod from capital market regulator Sebi for its initial public offering (IPO) pegged at ₹2500 crores. The company had pre-filed its draft red herring prospectus (DRHP) with Sebi through the confidential route in May 2025. The company aims to raise around ₹1200 to ₹1400 crores through primary issue and the rest via offer for sale.

Shiprocket IPO opens on [XX] and closes on [YY]. The allotment of shares will take place on [TBA]. The credit of shares to the demat account will take place on [TBA]. The initiation of refunds will take place on [TBA]. The listing of shares will take place on [TBA].

Shiprocket enables eCommerce sellers with AI-driven technology and dependable services that encompasses conversion, order fulfilment, buyer communication, shipping and much more. Leveraging data, workflows and supply chain at scale, the platform provides all one needs for a delightful customer experience.

Objectives of Shiprocket IPO

TBA

Industry Outlook

India’s logistics sector is expected to reach $800 billion in valuation by 2030, thus contributing to 11% of the country's GDP. The growth will be primarily driven by tech integration, government initiatives, infrastructure upgrades and skilled workforce. Thanks to initiatives such as the National Logistics Policy, PM GatiShakti, etc., the sector is becoming more structured.

Shiprocket Company Information

Shiprocket is a logistics and supply chain platform. It was founded by Saahil Goel, Gautam Kapoor and Vishesh Kapoor. It enables businesses to streamline shipping through courier integration, automated solutions and real-time tracking.

Strengths of Shiprocket

TBA

Risks of Shiprocket

TBA

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Managers

• IPO Registrar: TBA
• Book Running Lead Managers: Axis Capital, Kotak Mahindra, JM Financial, BofA Securities

Shiprocket Business Model

Following an asset-light model, Shiprocket helps connect eCommerce sellers with courier service providers. It makes money from every shipment that's moved through its platform. It also offers fee-based subscription options. The firm’s emerging line of businesses includes cross-border shipping, checkout and fulfilment operations and marketing services.

Shiprocket Growth Trajectory

For FY 25, the company reported a 24% rise in its operating revenue to ₹1632 crores. It also reduced its net loss to ₹74 crores from ₹595 crores in the previous fiscal. The company’s emerging business portfolio also recorded a 25% improvement in cash EBITDA.

Shiprocket Market Position

Shiprocket’s merchant base has experienced an expansion. It has around 4 lakh merchants served and 1.8 lakh active on the platform. About 66% of its deliveries come from tier II and tier III cities. Thanks to deep integration with courier partners, including India Post, the company can reach the last mile.

How to Check Allotment Status of Shiprocket?

1. Visit the Registrar’s Website

Visit the registrar’s website and check the link for IPO allotment status. Enter your application number, DP or client ID and click on ‘Submit’ to know the status.

2. Check on the Bombay Stock Exchange Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the ‘Investor Services’ tab. Under ‘Investors Services’, click on ‘Status of Issue Application’. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Choose the Issue Type
• Select the Issue Name from dropdown
• Put in either your application number or PAN number
• Check the box ‘I’m not a robot’
• Click on ‘Search’ to know allotment status

3. Check on BSE Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the ‘Investors’ tab. Under ‘Investors’, click on ‘IPO’. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Select ‘Equity’ from the dropdown menu
  
• Choose ‘Shiprocket’ in the next dropdown
  
• Enter your application number
  
• Enter your PAN
  
• Click ‘Search’ to know allotment status
  

How to Apply for the Shiprocket IPO?

• Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.