Shiprocket IPO GMP, Price, Allotment, Profit Estimate 2025

Shiprocket IPO Description – Shiprocket is an end-to-end, merchant-first, API-led e-commerce enablement platform designed to simplify and scale digital commerce for India’s MSMEs and large retailers. Purpose-built for Direct Commerce—where merchants sell directly to consumers via their own websites, apps or social media—Shiprocket integrates logistics, fulfilment, checkout, payments, marketing and cross-border trade into a single operating system. According to the Redseer Report, Shiprocket was the largest new-age horizontal e-commerce enablement platform in India by revenue in Fiscal 2025.

At the core of its operations is the Domestic Shipping platform and Shipping Apps, which together generated INR 1,305.9 crore in revenue in FY25. The platform aggregates multiple logistics providers and leverages AI-driven courier allocation, NDR management, weight discrepancy intelligence, predictable COD remittance cycles and EDD prediction accuracy of 75.26% (six months ended 30 September 2025). These capabilities help merchants optimise costs, reduce RTOs and improve delivery reliability.

Beyond its core, Shiprocket has built a fast-growing Emerging Business segment, which contributed INR 326.1 crore in FY25 revenues. This includes cargo and fulfilment services, the unified commerce platform Shiprocket Omuni, cross-border logistics through ShiprocketX (serving 135 countries), ads and marketing solutions, checkout infrastructure, capital solutions, and hyperlocal deliveries via Shiprocket Quick. Operating on an asset-light, consumption-based model and supported by an ecosystem of over 250 partners, Shiprocket is well-positioned to benefit from the structural growth in India’s Direct Commerce and cross-border e-commerce markets. As of 30 September 2025, the company has 1,358 permanent employees and utilizes the services of 2,774 contractual employees.

Promoters of Shiprocket – No Identifiable Promoter

Shiprocket IPO Details

Shiprocket IPO Dates	Coming soon
Shiprocket Issue Price	Coming soon
Fresh issue	INR 1,100 crore
Offer For Sale	INR 1,242.35 crore
Total IPO size	INR 2,342.35 crore
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	10%
Listing On	BSE, NSE

Shiprocket Financial Performance

	FY 2023	FY 2024	FY 2025	Q2 FY 2026
Revenue	1,088.83	1,315.98	1,632.01	942.67
Expenses	1,422.76	1,708.64	1,749.27	1,009.11
Net income	(359.31)	(595.18)	(74.45)	(38.32)
Margin (%)	(33.00)	(45.22)	(4.56)	(4.07)

Figures in INR Crores unless specified otherwise

Shiprocket Offer News

Shiprocket Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre-Issue)	FY 2025 (Post-Issue)
EPS	(6.12)	(10.32)	(1.24)	–
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2025 and dilution impact

	FY 2023	FY 2024	FY 2025
RONW (%)	(19.81)	(46.13)	(4.99)
NAV	29.44	21.63	23.44
ROCE (%)	–	–	–
EBITDA (%)	19.14	9.72	0.43
Debt/Equity	0.09	0.04	NA

*Compiled by IPO Central from Prospectus

Shiprocket IPO GMP Today (Daily Trend)

Shiprocket Offer Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

Investment in the growth of the comapny’s platforms, primarily for the emerging business and for its core business – INR 505 crore
Repayment/prepayment, in full or in part, of certain borrowings availed of by the company, including payment of the interest accrued thereon – INR 210 crore
General Corporate Purposes

Shiprocket IPO Subscription – Live Updates

Coming soon

() shares allotted to anchor investors are not included in these calculations.

Shiprocket – Comparison With Listed Peer

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Shiprocket	–	(1.24)	4.99	23.44	1,632.01
Unicommerce Esolutions	84.27	1.58	25.20	6.79	134.79

Shiprocket IPO Allotment Status

Shiprocket IPO allotment status will be available on the KFin Tech website. Click on this link to get the allotment status.

Shiprocket IPO Dates & Listing Performance

IPO Opening Date	Coming soon
IPO Closing Date	Coming soon
Finalization of Basis of Allotment	Coming soon
Initiation of refunds	Coming soon
Transfer of shares to demat accounts	Coming soon
Shiprocket IPO Listing Date	Coming soon
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking –
DR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities –
Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities –

Shiprocket IPO Lead Manager

AXIS CAPITAL LIMITED
1st Floor, Axis House, Pandurang Budhkar Marg,
Worli Mumbai 400 025, Maharashtra, India
Tel: +91 22 4325 2183
E-mail: [email protected]
Website: www.axiscapital.co.in

Shiprocket Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

PATEL RETAIL LIMITED
Plot No. M-2, Anand Nagar, Additional MIDC,
Ambernath (East) – 421506, Maharashtra, India
Phone: +91 7391043825
Email: [email protected]
Website: www.patelrpl.in

Patel Retail IPO FAQs

How many shares in the Shiprocket IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in the Shiprocket Public Offer?

The best way to apply for Shiprocket‘s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.