Overview
- Shiprocket made its market debut on August 19, 2026, listing at ₹131 on the NSE and ₹129.50 on the BSE, roughly a 33–35% premium to the ₹97 issue price.
- The IPO raised about ₹1,617.5 crore through a mix of a fresh issue of roughly ₹885.5 crore and an offer for sale of about ₹732 crore.
- Demand was overwhelming during the bookbuild, with the issue subscribed about 102 times across retail, QIB and NII tranches, and pre‑listing grey market premiums that pointed to a double‑digit listing gain.
- The OFS produced sharply different outcomes for early investors and founders, with some backers showing large multiples on their exits while others, including some later-stage investors, realised losses; the three cofounders together received roughly ₹142 crore in proceeds.
- Shiprocket reported FY26 operating revenue of ₹2,024.1 crore, up 24% year on year, and a widened net loss of ₹79.2 crore, a mix that leaves the market to determine whether growth justifies the new public valuation near ₹9,531 crore on the NSE debut price.