What is Shiprocket's total IPO fundraising target?

Shiprocket aims to raise a total of ₹2,342 crore through its Initial Public Offering (IPO).

Which investors are selling stakes in Shiprocket's IPO?

Lightrock, Tribe Capital, Bertelsmann, Arvind Ltd, Gautam Kapoor, Saahil Goel, and Vishesh Khurana are among the selling shareholders.

How will Shiprocket utilize the IPO proceeds?

Proceeds will be used for debt repayment, potential acquisitions for inorganic growth, and general corporate needs.

Home / Business and Economy / Shiprocket IPO: ₹2,342 Cr Aims for Market Debut

Shiprocket IPO: ₹2,342 Cr Aims for Market Debut

13 Dec

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Summary

Shiprocket filed updated IPO papers to raise ₹2,342 crore.
The IPO includes a fresh issue of ₹1,100 crore and an offer for sale.
Proceeds will fund acquisitions, debt repayment, and general corporate needs.

Shiprocket IPO: ₹2,342 Cr Aims for Market Debut

E-commerce platform Shiprocket, with backing from Temasek, has filed updated draft papers with the markets regulator Sebi to raise ₹2,342 crore through an Initial Public Offering (IPO). The public issue is structured with a fresh issue of equity shares amounting to ₹1,100 crore and an offer for sale valued at ₹1,242.3 crore by existing shareholders.

The company plans to utilize a portion of the proceeds to repay or prepay certain debts and associated interest. Additionally, Shiprocket intends to allocate funds for inorganic growth opportunities, including potential acquisitions, and for general corporate purposes.

Shiprocket's emerging businesses division, encompassing marketing and automation, saw significant growth, expanding 41% in FY25. This division now constitutes 20% of the company's total revenue, demonstrating its increasing importance alongside its core domestic shipping and technology services.

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