Shiprocket, backed by Bertelsmann, Temasek, Tribe Capital, and Eternal, has fixed the price band for its initial public offering (IPO) at ₹92-97 per share. The company plans to raise ₹1,617.5 crore through the IPO, which will open for subscription on August 12 and close on August 14, according to livemint.com.
The IPO price band was finalized after consultations with key investors and market advisors. Shiprocket’s offering aims to capitalize on growing investor interest in logistics and e-commerce infrastructure firms. The company has positioned the IPO to attract both retail and institutional investors, leveraging its backing by prominent global investment firms, as detailed by livemint.com.
The logistics and e-commerce sectors have seen increased funding activity in recent years, with Shiprocket’s IPO marking one of the notable public market entries in 2026. Comparable deals in the sector have highlighted strong investor appetite for companies enabling online commerce growth. Shiprocket’s pricing strategy aligns with market expectations for firms with scalable delivery and fulfillment capabilities, per livemint.com.
Subscription for Shiprocket’s IPO will be accepted from August 12 to August 14, with the company targeting a ₹1,617.5 crore raise. The pricing and timeline were disclosed in the company’s official filings and market announcements, as reported by livemint.com.