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- Shiprocket's IPO is scheduled to open on August 12.
- Shiprocket reported FY26 operating revenue of Rs 2,024 crore, up 24% year-on-year.
- Shiprocket's net loss increased 7% to Rs 79 crore in FY26.
- Shiprocket trimmed its IPO size by 31% to Rs 2,342.35 crore in the UDRHP.
- The company reported a 24.1% year-on-year increase in materials consumed, which rose to Rs 1,515 crore in FY26.
- Shiprocket's total expenditure increased 23% to Rs 2,153 crore in FY26 from Rs 1,749 crore in the previous fiscal.
- The company spent Rs 1.06 to earn every rupee of operating revenue compared with Rs 1.07 in the previous fiscal.
- As of March 2026, Shiprocket reported current assets of Rs 1,017 crore, including cash and bank balances of Rs 188 crore.
Shiprocket is gearing up for its IPO on August 12, having reported a significant revenue increase to ₹2,024 crore in FY26, marking a 24% year-on-year growth from ₹1,632 crore in FY25. The company's core business, which includes its domestic shipping platform and technology services, contributed ₹1,485 crore, a 13.7% increase, while emerging sectors like cross-border platforms and marketing generated ₹539 crore, up 65% year-on-year.1
Despite the revenue growth, Shiprocket's net loss widened by 7% to ₹79 crore, compared to ₹74 crore the previous year. This loss was partly attributed to ₹112 crore in employee stock option plan (ESOP) expenses. The company's total expenditure rose 23% to ₹2,153 crore, driven by increased costs in materials, employee benefits, and advertising, which surged 71% to ₹36 crore.
Shiprocket has also reduced its IPO size by 31%, now targeting ₹2,342.35 crore, with a fresh issue of ₹885.5 crore and an offer for sale of ₹731.98 crore. As of March 2026, the company reported current assets of ₹1,017 crore, including cash and bank balances of ₹188 crore.
“The company trimmed its IPO size by 31% to Rs 2,342.35 crore, cutting the fresh issue to Rs 885.5 crore and OFS to Rs 731.98 crore. Core business grew 13.7% to Rs 1,485 crore, while emerging businesses surged 65% to Rs 539 crore.”
