Shiprocket IPO, Aug. 6 -- Bertelsmann, Temasek, Tribe Capital, and Eternal-backed Shiprocket has set the price band for its initial public offering (IPO) at Rs.92-97 per share.

The 1,617.5 crore will open for subscription on 12 August and will close on 14 August.

Shiprocket's IPO consists of a fresh issue of shares worth Rs.885.5 crore and an offer-for-sale (OFS) of shares valued at Rs.731.9 crore by existing investors.

The professionally managed company has scaled down its IPO size from the earlier proposed Rs.2,342.3 crore, according to the updated draft red herring prospectus (DRHP) filed in December 2025.

The confidentially filed IPO received approval from the Securities and Exchange Board of India (SEBI) in November 2025. Under t...