# Shiprocket Sets IPO Price Band at Rs 92-97 Per Share

2026-08-06T04:23:10+00:00 | Business & Economy | Indian Opinion Desk

Shiprocket will open its Rs 1,617.59 crore initial public offering on 12 August 2026. The three-day issue will close on 14 August, with listing planned on the NSE and BSE on 19 August. The price band is Rs 92-97 per share. The offer includes a fresh issue worth Rs 885.60 crore and an offer for sale of Rs 731.98 crore. The company had reduced its planned fundraising by about 30%. Retail investors must apply for at least 154 shares, costing Rs 14,938 at the upper band. Shiprocket plans to use the fresh proceeds for marketing, technology, debt repayment and possible acquisitions. LR India Fund is expected to be the largest selling shareholder. Axis Capital is the lead manager and Kfin Technologies is the registrar.

## Coverage

- economictimes.indiatimes.com <https://economictimes.indiatimes.com/markets/ipos/fpos/shiprocket-ipo-price-band-fixed-at-rs-92-97-rs-1618-crore-issue-to-open-on-august-12/articleshow/132979699.cms>

Tags: src-rss
Canonical: https://indianopinion.org/shiprocket-fixes-price-band-for-rs-1618-crore-ipo/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/shiprocket-fixes-price-band-for-rs-1618-crore-ipo/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.