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Shiprocket files IPO to raise ₹2,342 crore, showing improved revenue and reduced losses.
Shiprocket has filed updated draft IPO papers with SEBI, seeking to raise up to Rs 2,342 crore through a Rs 1,100 crore fresh issue and a Rs 1,242 crore offer for sale by existing shareholders.
The e-commerce enablement platform, which serves MSMEs and D2C brands, reported Rs 943 crore in operating revenue for the six months ending September 2025, a 15% year-on-year increase, with its net loss narrowing to Rs 38 crore from Rs 42 crore.
Proceeds will fund growth, technology, marketing, debt repayment, and acquisitions.
The IPO, led by Axis Capital, BofA Securities, JM Financial, and Kotak Mahindra Capital, may include a pre-IPO placement of up to Rs 220 crore.
Shiprocket presenta IPO para recaudar ₹ 2,342 crores, mostrando una mejora en los ingresos y una reducción de las pérdidas.