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Shiprocket IPO price band fixed at Rs 92-97; Rs 1,618 crore issue to open on August 12
Shiprocket is set to launch its Rs 1,617.59 crore IPO on August 12, 2026, with a price band of Rs 92 to Rs 97 per share. The issue closes on August 14. Net proceeds will be deployed toward technology enhancement, marketing, debt repayment, and strategic growth initiatives.
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newsbytesapp.com
Shiprocket eyes IPO at 30% lower valuation
Ecommerce logistics firm Shiprocket plans to launch its IPO within 1-2 weeks, targeting a valuation of Rs 7,000 crore—30% lower than its previous Rs 10,000 crore valuation.
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economictimes.indiatimes.com
Shiprocket to launch IPO on August 12; cuts issue size by 30% to Rs 1,617 crore - The Economic Times
Shiprocket now aims to raise Rs 885 crore through a fresh issue, down from the Rs 1,100 crore proposed earlier, while the offer-for-sale (OFS) component has been reduced to Rs 732…
