Delhi NCR-based logistics aggregator Shiprocket has received the green light from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). This marks a significant milestone for one of India’s fastest-growing logistics and e-commerce enablement startups as it prepares to make its public market debut.
According to SEBI’s latest processing status, the market regulator issued its formal observations to Shiprocket on October 31, 2025, effectively approving its IPO proposal. The company had earlier filed its draft red herring prospectus (DRHP) through the confidential filing route in May 2025.
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Shiprocket’s IPO Details and Fundraising Plan
As per reports, Shiprocket plans to raise between INR 2,000 crore and INR 2,500 crore through the IPO. The offer will reportedly include a fresh issue of shares worth around INR 1,000 crore to INR 1,200 crore, while the remaining portion is expected to be an offer for sale (OFS) by existing investors.
The IPO proceeds from the fresh issue are likely to be used for business expansion, technology enhancement, acquisitions, and working capital requirements, as the company aims to strengthen its position in India’s fast-evolving logistics and supply chain ecosystem.
From Startup to Industry Leader
Founded in 2017 by Saahil Goel, Vishesh Khurana, Akshay Gulati, and Gautam Kapoor, Shiprocket has rapidly emerged as a leading logistics aggregation platform for India’s booming direct-to-consumer (D2C) market. The company enables small and medium online sellers to efficiently manage shipping, order tracking, and delivery operations through a unified technology platform.
Shiprocket currently collaborates with more than 17 courier partners, including Delhivery, FedEx, Xpressbees, Blue Dart, and DTDC, helping thousands of D2C brands and online merchants deliver products across India and over 200 international destinations.
A Growing Opportunity in the Logistics Space
India’s logistics and e-commerce ecosystem has witnessed exponential growth in recent years, driven by digital adoption, rising consumer demand, and the expansion of online retail. Shiprocket’s upcoming IPO comes at a time when the logistics tech sector is attracting strong investor interest due to its pivotal role in enabling India’s digital commerce revolution.
The company’s technology-first approach — combining automation, analytics, and AI-driven logistics optimization — has positioned it as a preferred partner for emerging online brands and SMBs seeking cost-effective and scalable delivery solutions.
What’s Next for Shiprocket
Following SEBI’s approval, Shiprocket is expected to move forward with finalizing its IPO launch timeline, appointing merchant bankers, and setting the price band and offer details. Market watchers anticipate that the company’s listing could take place in the first half of 2026, subject to market conditions.
As Shiprocket prepares to go public, its IPO is being seen as a major event for India’s new-age logistics and SaaS-driven startup ecosystem. With strong fundamentals, a robust partner network, and a focus on technology-led innovation, the company aims to use the public market opportunity to scale further — both in India and globally.
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