Shiprocket IPO
Shiprocket IPO is a mainboard IPO raising ₹1,617 Cr at ₹92 – ₹97 a share. It listed on 19 Aug 2026 at ₹131, +35.1% against its issue price of ₹97, and trades at ₹122 today (+26.0% since issue). It was subscribed 99× in total.
99.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. stated in prospectus. Checked: exchange issue size Rs1617 Cr vs derived Rs1617.5 Cr (0.0% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Unicommerce Esolutions Limited | 47.75× | 10.6% | ₹1.78 |
| This issue | — | -5.2% | ₹-1.23 |
not meaningful: latest EPS is zero or negative. Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.