India, Aug. 6 -- Shiprocket Ltd. has announced public offering of 166751032 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 87.00 per share. The gross proceeds of the issue are expected to be Rs 1,61,748.50 lakhs.
The company's initial public offer (IPO) will open on 12 August 2026 and is expected to close on 14 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 92.00-97.00 per share.
The IPO includes a fresh Issue of 166751032 Equity Shares of the Company at an price of Rs 97.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 154 shares with bids in multiples of 154.
Shiprocket Ltd. anticipates using the proceeds of the issue for (a) investme...