Shiprocket IPO To Open On August 12, Issue Size Cut To ₹1,617 Cr
Logistics major Shiprocket has filed the RHP to raise ₹1,617 Cr (about $170 Mn) via its IPO, a 30% reduction from the ₹2,342.3 Cr proposed in its updated DRHP. The issue will open for subscription on August 12 and close on August 14.
Worth a read for markets-focused operators. Published by Inc42 — context above is the source's own framing.
Logistics major Shiprocket has filed the RHP to raise ₹1,617 Cr (about $170 Mn) via its IPO, a 30% reduction from the ₹2,342.3 Cr proposed in its updated DRHP. The issue will open for subscription on August 12 and close on August 14.
This article lives at Inc42. We linked it because we found it valuable for F&B operators.
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Curated industry coverage by the Restronomics editorial team. Each article is selected from approved F&B publications and includes a Restronomics editor take.
In the run up to go public, logistics unicorn Shiprocket’s consolidated loss for the fiscal year FY26 increased by around 7% YoY to ₹79.2 Cr from ₹74.4 Cr in the previous fiscal year, as per the financial disclosures in its red herring prospectus (RHP).
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