Gurugram-based Shiprocket, which offers shipment and checkout services to direct-to-consumer (D2C) brands, has filed an updated draft red herring prospectus (UDRHP) for a Rs 2,342-crore initial public offering (IPO).
Through the offering, Shiprocket is looking to raise Rs 1,100 crore in fresh capital, while investors including Tribe Capital, Arvind Ltd, March Capital and Bertelsmann selling shares through the offer-for-sale component. Founders Saahil Goel, Gautam Kapoor and Vishesh Khurana are also partially offloading their stake in the IPO.
For the six months ended September, Shiprocket reported operating revenue of Rs 943 crore, up 15% year-on-year. Its net loss during the period contracted to Rs 38 crore, compared to Rs 42 crore in April-September 2024.