Archive · 7 Aug 2026
Shiprocket Sets ₹92-₹97 IPO Price Band, Opens August 12
Shiprocket is a company that wants to sell small pieces of itself, called shares, to the public for the first time.
This is called an initial public offering, or IPO.
Shiprocket has decided that each share will cost between 92 and 97 rupees, and each share has a face value of 10 rupees.
People can start bidding for the shares on August 12, 2026, and big investors get to bid one day earlier, on August 11.
You need to buy at least 154 shares at a time.
The company hopes to raise up to about 16,174 million rupees from the sale.
The money will be used to grow its business, improve its technology, pay back some loans, and maybe buy other companies.
After the sale, the shares will be traded on two big stock exchanges in India: the BSE and the NSE.
Investors must place their bids through a blocked-amount account or the UPI system, which keeps the process safe.
Shiprocket Limited fixed its IPO price band at ₹92 to ₹97 per equity share of face value ₹10, with a minimum bid lot of 154 shares.
The bid/offer opens on Wednesday, August 12, 2026, with anchor investor bidding on Tuesday, August 11, 2026.
The total offer size is up to ₹16,174.85 million, comprising a fresh issue of up to ₹8,855.00 million and an offer for sale of up to ₹7,319.85 million.
Net proceeds will fund platform growth and marketing initiatives, technology infrastructure investment, repayment of borrowings, and inorganic growth through acquisitions and general corporate purposes.
Equity shares will be listed on BSE Limited and the National Stock Exchange of India (NSE, the designated stock exchange), with Axis Capital, BofA Securities India, JM Financial, and Kotak Mahindra Capital as book running lead managers.
- Who
- Shiprocket Limited, led by Managing Director and CEO Saahil Goel and CFO Tanmay Kumar, with Axis Capital Limited, BofA Securities India Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited as book running lead managers.
- What
- An initial public offering of equity shares with a price band of ₹92 to ₹97 per share (face value ₹10), totaling up to ₹16,174.85 million.
- When
- Bidding opens Wednesday, August 12, 2026, following anchor investor bidding on Tuesday, August 11, 2026.
- Where
- India; the shares are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited, with NSE as the designated stock exchange.
- Why
- To fund the growth of Shiprocket's platforms through marketing initiatives and technology infrastructure investment, repay or prepay borrowings, and support inorganic growth through acquisitions and general corporate purposes.
- Price Band
- ₹92 – ₹97 per equity share
- Face Value
- ₹10 per equity share
- Minimum Bid Lot
- 154 equity shares
- Bid/Offer Opening Date
- Wednesday, August 12, 2026
- Anchor Investor Bidding Date
- Tuesday, August 11, 2026
- Total Offer Size
- Up to ₹16,174.85 million
- Fresh Issue / Offer for Sale
- ₹8,855.00 million / ₹7,319.85 million
- Listing
- BSE Limited and NSE (NSE is designated stock exchange)
