6 August 2026 at 9:56 pm
Summary
Shiprocket, a Temasek-backed ecommerce enablement platform, has reduced its initial public offering (IPO) size by nearly 31% to Rs 1,617.6 crore, with the public issue set to open for subscription from August 12 to August 14 at a price band of Rs 92-97 per share. The company aims for a valuation of around Rs 7,057 crore and plans to use the proceeds for platform expansion, technology infrastructure, marketing, debt repayment, and strategic investments.
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