The First Public Offering for Shiprocket Limited Will Launch on Wednesday, August 12, 2026

News Desk, News Nation 360: With a price range of ₹92 to ₹97 per equity share (face value ₹10), logistics technology platform Shiprocket Limited has formally launched its Initial Public Offering (IPO). Subscriptions will be accepted from August 12 to August 14, 2026, with the anchor investor auction scheduled for August 11, 2026. A fresh issuance of up to ₹8,855.00 million and an offer for sale (OFS) of up to ₹7,319.85 million make up the total offer size of up to ₹16,174.85 million. A minimum lot of 154 equity shares (and in multiples thereof) is up for bid; the shares are intended to be listed on both the BSE and NSE (Designated Stock Exchange). The net proceeds from the new issuance will be used for marketing campaigns, funding inorganic growth acquisitions, full or partial debt repayment, tech infrastructure across core and growing business categories, and general corporate objectives. The issue, which is led by Axis Capital, BofA Securities India, JM Financial, and Kotak Mahindra Capital, requires all non-anchor bidders to use the ASBA/UPI payment method. It allots at least 75% of the net offer to Qualified Institutional Buyers (QIBs), up to 15% to Non-Institutional Bidders (NIBs), up to 10% to Retail Individual Bidders (RIBs), and includes an employee reservation portion of up to ₹10.00 million with an eligible discount of up to ₹9 per share.

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