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Shiprocket IPO: Why Is It Popular Among Investors


Shiprocket is one of the best logistics companies that helps businesses manage deliveries more easily. It connects them with courier partners, automates shipping, and makes tracking simple. 


The company has now received SEBI’s approval for its IPO, and Shiprocket IPO valuation would be ₹2,000–₹2,500 crore. This IPO marks an exciting step in Shiprocket’s growth journey.

The IPO Journey: A Timeline


Check out the complete Shiprocket IPO plans: 

Confidential Filing (May 2025)


On May 21, 2025, a confidential Shiprocket DRHP was filed with SEBI. It will raise ₹2,000–₹2,500 crore through this issue. A confidential filing means that the company has submitted its IPO draft papers privately to SEBI to start the review process without making the business details public. 

SEBI Approval (October 2025)


SEBI has given approval to Shiprocket to launch its IPO. It issued an observation letter on October 31, 2025.  

Shiprocket IPO Details: Company Profile

Let's check all the details related to this company, including Shiprocket valuation.  


Particulars

Description

Founded In

2016 (pivoted to shipping in 2017)

Founders

Vishesh Khurana, Saahil Goel, Gautam Kapoor, and Akshay Ghulati

Managing Director

Saahil Goel (CEO & MD)

Headquarters

New Delhi 

Revenue in 2024

₹1,316 crore 

Total Funding Raised

$349 million+

Competitors

Delhivery, Xpressbees, Ecom Express, Shadowfax, iThink Logistics


Business Model & Unique Positioning

Shiprocket helps D2C retailers ship their products at affordable prices. It helps everyone, including consumers, merchants, and supply chain partners in 24,000+ Indian pin codes.  


It has partnered with FedEx, Shadowfax, Delhivery, DTDC, and Xpressbees to help in deliveries for small and big businesses.  

Funding History

Before its planned IPO, Shiprocket raised capital through multiple rounds:


Funding Round

Year

Investor

Details

Series E (Extended)

December 2024

KDT Ventures

Raised ₹219 crore ($26 million)

Series E (Extended)

October 2023

McKinsey (AFOS LLC)

Raised $11 million at flat valuation

Series E (Unicorn Round)

August 2022

Zomato, Temasek, Others

Raised $185 million

Series D1

July 2021

PayPal Ventures, Info Edge, Bertelsmann

Raised $41.3 million


Strengths And Risks


Here are the major risks and strengths of Shiprocket:


Strengths


  • Backing from Marquee Investors: Got support from Bertelsmann, Zomato, Temasek, and other investors.

  • Great Network: Shiprocket has 35 fulfilment centres in India for logistics support. 

  • Expansion: Over the years, Shiprocket has been helping sellers with payments, cross-border shipping, marketing tools, and even business credit.

  • Strong Financials: For the first time, Shiprocket achieved a full-year positive cash EBITDA in FY25. Its EBITDA doubled to ₹157 crore.


Risks


  • Intense Competition: The logistics space is heating up fast. Big names like Meesho, Flipkart, and Amazon are strengthening their own delivery systems.

  • Faces Sustained Profitability Issues: Even though Shiprocket has reached cash EBITDA positivity, it’s still recording net losses. 

  • Customer Dependence: The company relies heavily on SME and D2C sellers. Any slowdown in these segments could impact revenue growth.

  • Business Still Growing: Shiprocket’s newer verticals, like credit, payments, and marketing tools, need time to deliver steady returns


Thinking About Investing In The Shiprocket Upcoming IPO?

Once Shiprocket launches its IPO, you'll be able to check Shiprocket IPO GMP trends on trusted sources like Finnpick


But always understand the company's business and numbers before making your decision. Also, keep watching the live subscription status and Shiprocket IPO date 2025 updates before you finally click APPLY.

FAQs


1. When is the Shiprocket IPO coming?

Shiprocket received SEBI approval on October 31, 2025. However, the exact Shiprocket share price NSE and Shiprocket IPO size haven't been announced yet. The company will file its updated DRHP in the coming weeks before announcing the final timeline.


2. What is the Shiprocket IPO date?

As of November 2025, there's no official Shiprocket IPO date. After receiving SEBI approval, the company is expected to announce the date soon. Stay tuned for Shiprocket IPO news.


3. What is the Shiprocket unlisted share price?

Shiprocket hasn't revealed an official price band yet. The price band will be announced closer to the Shiprocket IPO filing date after the company files its final prospectus.


4. Can investors know the Shiprocket IPO price?

Not yet. Shiprocket is still a privately held company. It means Shiprocket share prices aren't available for public trading until the IPO is launched. Also, there is no information related to the Shiprocket IPO bankers.  


5. What is the current Shiprocket IPO GMP?

There's no GMP for Shiprocket available yet since IPO dates haven't been announced. If the company announces its price band and IPO dates, GMP updates will be available on Finnpick.


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