Shiprocket Share Price & Stock Analysis

Quick Answers

What is the Shiprocket share price today? Shiprocket is currently listed and trading. Check our charts for the latest listing performance.

Is Shiprocket a good stock to buy? Review our AI forensic scores and fundamental analysis for Shiprocket to understand the underlying financial health.

Key Stock Information

ViewIPO AI Analysis Score

The Shiprocket Stock scored 56/100 (High Risk) in our deep analysis.

Frequently Asked Questions

What is the total issue size and price band for the Shiprocket Limited IPO?

The Shiprocket Limited IPO issue size is ₹1,617.48 Crore, offered within a price band of ₹92 to ₹97 per equity share.

How is the Shiprocket IPO structured between Fresh Issue and Offer for Sale?

The IPO includes a Fresh Issue of ₹885.50 Crore (91,299,203 equity shares) and an Offer for Sale (OFS) of ₹731.98 Crore (75,462,363 equity shares).

What business model does Shiprocket Limited follow?

Shiprocket operates an asset-light e-commerce platform offering logistics, checkout, payment processing, fulfilment, and cross-border solutions without directly owning delivery fleets or physical warehouses.

How has Shiprocket's revenue grown over the past three fiscal years?

Shiprocket's revenue from operations grew steadily from ₹1,315.98 Crore in FY24 to ₹1,632.01 Crore in FY25 and ₹2,024.14 Crore in FY26.

Is Shiprocket Limited currently profitable?

No, Shiprocket Limited remains loss-making, reporting a net loss (PAT) of -₹79.25 Crore in FY26, -₹74.45 Crore in FY25, and -₹595.18 Crore in FY24.

How does Shiprocket plan to utilize its fresh issue proceeds?

The fresh issue proceeds will be used for platform growth (₹365.60 Cr), marketing initiatives (₹205.80 Cr), technology capabilities (₹159.80 Cr), and repayment of borrowings (₹210.00 Cr).

Who are the merchant bankers and registrar for the Shiprocket IPO?

The book-running lead managers are Axis Capital Limited, BofA Securities India Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited. The registrar is KFin Technologies Limited.

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Home›India›Shiprocket ()
Shiprocket Logo

ShiprocketNSE / BSE:

Analyzed by ViewIPO Financial Research Team
LogisticsIndiaFiled 2026-08-12Listed 2026-08-19Size Pending Data
Listing Price ₹132
Listing Return
₹34.00 (+35.05%)
Live Subscription
99.02x Total
Check Allotment
Status Link

Is Shiprocket a Good Stock? Quick Verdict

Shiprocket IPO scored 56/100 (High Risk) in our deep analysis. The strongest pillar is Dilution at 65/100, while Financial is the primary concern at 45/100. Shiprocket Limited is a leading technology-driven e-commerce logistics platform experiencing rapid revenue growth beyond ₹2,000 Crore, though it continues to navigate bottom-line profitability challenges.

Stock Score
56/100
High Risk

Quick Verdict

Strong revenue growth with revenue from operations rising from ₹1,315.98 Cr in FY24 to ₹2,024.14 Cr in FY26.
Asset-light operational platform driving low client concentration, where the top 20 merchants contribute only 17.65% of revenue.
High automation and self-serve onboarding, with 96.73% of merchant onboarding completed without support team intervention in FY26.
Persistent bottom-line net losses reported in FY24 (-₹595.18 Cr), FY25 (-₹74.45 Cr), and FY26 (-₹79.25 Cr).
Negative profitability returns with ROCE at -2.65% and ROE at -5.20% for FY26.

Company Snapshot

Revenue (TTM)
₹2024.14Cr↑ 24.03% YoY
Profitability
NegativeNet Income ₹-79.25Cr
Gross Margin
— 
Market Cap
—Pending Data
Issue Size
— 
Industry
Logistics 
P/E Ratio
—Pending Data
Return on Equity
-5.2%Profitability
Debt to Equity
0.16xLeverage

Risk Breakdown

Governance
65
Moderate
Financial
45
Expensive
Valuation
50
Expensive
Competition
55
Expensive
Dilution
65
Moderate
Promoter / Mgmt
60
Moderate

AI Summary

Shiprocket Limited is an Indian technology platform providing comprehensive solutions for e-commerce transactions including logistics, checkout, payments, fulfilment, and cross-border trade. The company operates an asset-light business model, serving over 214,769 active merchants in FY26 while processing over 730 million unique transactions since late 2016. Financially, Shiprocket Limited has demonstrated strong revenue expansion from ₹1,315.98 Crore in FY24 to ₹2,024.14 Crore in FY26, although it recorded a net loss of ₹79.25 Crore in FY26. The company is raising ₹1,617.48 Crore through its initial public offering comprising a fresh issue of ₹885.50 Crore and an offer for sale of ₹731.98 Crore.

Overall Verdict: Shiprocket Limited is a leading technology-driven e-commerce logistics platform experiencing rapid revenue growth beyond ₹2,000 Crore, though it continues to navigate bottom-line profitability challenges.

Key Highlights

  • •Shiprocket provides tech-enabled e-commerce logistics, checkout, payments, fulfilment, and cross-border solutions for India's MSMEs and brands.
  • •Operates an asset-light platform model without owning delivery fleets or physical fulfilment centres.
  • •Served 214,769 Active Merchants in FY26 with top 1, 5, and 20 merchants contributing 2.83%, 7.43%, and 17.65% of total operational revenue.
  • •Processed over 730 million unique transactions and reached more than 155 million end consumers between October 2016 and March 2026.
  • •Achieved 96.73% self-serve merchant onboarding for its Core Business in FY26.
  • •Operational revenue grew from ₹1,315.98 Crore in FY24 to ₹2,024.14 Crore in FY26.
  • •Fresh issue proceeds of ₹885.50 Crore will fund growth in platforms (₹365.60 Cr), marketing (₹205.80 Cr), tech capabilities (₹159.80 Cr), and debt repayment (₹210.00 Cr).

Financial Performance

Revenue (Annual)

↑ +24.0% YoY

INR in Crores

Net Income (Annual)

↓ -6.4% YoY

INR in Crores

EBITDA vs PAT

↓ -335.6% YoY

INR in Crores

EBITDA
PAT

Listing Timeline

IPO Opens2026-08-12
IPO Closes2026-08-14
Basis of Allotment2026-08-17
Refunds & Demat2026-08-16
Listing Date2026-08-19

Valuation Analysis

Issue Price₹92 - ₹97
Estimated Fair Value
Pending Data
Valuation Premium
Pending
vs Fair Value

Stock DNA

Growth
50
Governance
65
Profitability
45
Valuation
50
Competition
55
Execution
60

Pros vs Cons

Pros

  • Asset-light operational strategy reduces capital outlay and infrastructure ownership risks.
  • Highly diversified customer base with the top 20 merchants generating under 18% of operating revenue.
  • Consistent double-digit revenue expansion from ₹1,315.98 Cr in FY24 to ₹2,024.14 Cr in FY26.
  • High self-serve onboarding rate of 96.73% driving platform efficiency.
  • Low balance sheet leverage with a conservative Debt to Equity ratio of 0.16x.

Cons

  • Continued net loss trajectory with PAT standing at -₹79.25 Crore in FY26.
  • Negative operational return ratios with ROE of -5.20% and ROCE of -2.65%.
  • EBITDA margins remain negative (-0.82%) for FY26.
  • Significant Offer for Sale component of ₹731.98 Crore resulting in capital payout to existing selling shareholders.

Financial Health

Revenue Growth
24.0% YoY FY25-FY26 (Good)
Debt Level
0.16x Debt-to-Equity (Excellent)
Cash & Equivalents
Undisclosed (Moderate)

Institutional Signals

Anchor Investors
Undisclosed
VC Backing Tier
Tier 1
Strategic Partners
Strong

Shiprocket IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

No Public Data Available

We couldn't find any significant public discussions or retail sentiment threads for this IPO at the moment.

Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Shiprocket Stock — Frequently Asked Questions

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Market Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

Grey Market Premium (GMP)Subject to SaudaASBAOffer for Sale (OFS)
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Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

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Frequently Asked Questions about Shiprocket

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