Shiprocket files updated DRHP to raise Rs 1,100 Cr via fresh issue

Logistics and supply chain platform Shiprocket filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), for its Rs 2,342.35 crore initial public offering (IPO).

The Rs 2,342.35 crore IPO includes a fresh issue of equity shares worth Rs 1,100 crore, while existing shareholders and co-founders will offload shares worth Rs 1,242.35 crore through an offer for sale (OFS).

The company filed its draft IPO papers with SEBI in May 2025 via confidential route.

Founded by Saahil Goel, Gautam Kapoor, and Vishesh…