The Gurugram-based e-commerce enablement platform attracts prominent domestic and global investors, signalling strong confidence as it prepares to list on NSE and BSE with a planned IPO of over Rs 1,600 crore.
Shiprocket has drawn strong institutional interest ahead of its initial public offering, raising Rs 727.41 crore from 50 anchor investors a day before the issue opens. According to NDTV Profit, the Gurugram-based e-commerce enablement platform allotted 7.5 crore equity shares at the top of the price band, with names including Nomura, Ashoka WhiteOak, Goldman Sachs and Societe Generale among the backers.
The anchor book also showed heavy domestic participation. Shiprocket said 5 crore shares were placed with 13 domestic mutual funds across 31 schemes, while insurers including Tata AIA Life, Axis Max Life and Edelweiss Life took 53.41 lakh shares worth Rs 51.8 crore. The company’s investor base already includes Bertelsmann, Temasek, Tribe Capital and Zomato, underscoring the broad support behind the offering.
The IPO itself will run from August 12 to August 14 and is expected to raise about Rs 1,617.5 crore at the upper end of the price band. Shiprocket’s issue consists of a fresh sale of shares worth Rs 885.5 crore and an offer for sale of Rs 732 crore by existing shareholders. Moneycontrol and the Financial Express reported earlier this year that the company had filed updated draft papers with India’s markets regulator for a much larger proposed offering of Rs 2,342.3 crore, including a fresh issue and a significant secondary sale.
Proceeds from the fresh issue are earmarked for growth and balance-sheet support. Shiprocket plans to spend Rs 365.6 crore on marketing, technology infrastructure and related capabilities, and Rs 210 crore on debt repayment; its borrowings stood at Rs 244.5 crore on July 10, 2026. The remainder will go towards possible acquisitions and general corporate purposes. The company said revenue rose 24% to Rs 2,024.1 crore in the year ended March 2026, but its loss widened to Rs 79.2 crore from Rs 74.4 crore a year earlier, leaving profitability a key point for investors as the stock prepares to list on the NSE and BSE on August 19.
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