Shiprocket Gets SEBI Approval for ₹2,500 Crore IPO

Logistics technology platform Shiprocket, known for empowering online commerce for D2C brands and small sellers, has received approval from SEBI to launch a ₹2,500 crore initial public offering, as per the news reports. The Gurgaon-based company is supported by notable investors such as Zomato and Temasek.

Shiprocket's ₹2,500 Crore IPO 

Shiprocket's upcoming IPO will see nearly 50% of the issue as fresh capital infusion. The company had initially filed confidential documents with SEBI in May 2025 and is expected to release its draft red herring prospectus soon. 

The fresh funds will be invested into emerging business verticals, which currently contribute close to 20% of the company’s overall revenue landscape.

Zomato and Temasek Retain Stake, Founders to Sell Partially

Notably, early-stage investors, including Zomato and Temasek, will not sell their stakes in the IPO. Instead, the company’s founders and selected early investors will offload a portion of their holdings. This move indicates confidence from major backers while enabling liquidity for others ahead of market entry.

Strong Financial Performance and Rationalised Losses in FY25

For the fiscal year 2025, Shiprocket reported operating revenue of ₹1,632 crore, a 24% increase year-on-year. Net loss also dropped to ₹74 crore, significantly down from ₹595 crore in the previous year. The decrease in losses is due to revenue growth and reduced exceptional expenses. Employee stock ownership plan-related costs accounted for ₹91 crore of these expenses.

Read More: Shiprocket Narrows FY25 Loss by 88% to ₹74.5 Crore Ahead of IPO!

Growth Areas Include Cross-Border and Fulfilment Services

Shiprocket aims to channel the IPO proceeds into new areas such as cross-border shipping, digital marketing services, checkout and fulfilment solutions. These verticals are showing strong traction among D2C brands, positioning the platform as a comprehensive e-commerce enabler in India’s digital economy.

Conclusion

Shiprocket’s ₹2,500 crore IPO marks a significant milestone in its growth journey. With robust backing, strategic capital allocation, and improving financial parameters, the logistics tech startup is positioning itself as a key player in India’s expanding online selling ecosystem.

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