Shiprocket Sets ₹92–97 Price Band for ₹16,174.85 Million IPO

Shiprocket Limited has fixed the price band for its proposed Initial Public Offer at ₹92 to ₹97 per equity share.

The public issue, aggregating up to ₹16,174.85 million, consists of a fresh issue worth ₹8,855.00 million and an Offer for Sale worth ₹7,319.85 million.

The IPO opens on August 12, 2026, closes on August 14, 2026, while the anchor investor bidding date is August 11.

Retail investors can apply for a minimum of 154 equity shares and in multiples thereafter.

According to the company, proceeds from the fresh issue will be used to invest in marketing initiatives, technology infrastructure, repayment or prepayment of borrowings, inorganic growth opportunities through unidentified acquisitions and general corporate purposes.

The issue includes an employee reservation portion aggregating up to ₹10 million, with the company proposing a discount of up to ₹9 per equity share for eligible employees, subject to approvals.

The shares are proposed to be listed on the BSE and NSE.