business π¦ Shiprocket IPO: Is the valuation worth the hype? π
Shiprocket is launching its IPO tomorrow, August 12, 2026, with an issue size of approximately Rs 1,617 crore. The company provides logistics solutions for online sellers across India. Its core shipping business was profitable in FY26, bringing in 73 per cent of total operating revenue. However, newer ventures are currently consuming those gains, resulting in an emerging segment loss of Rs 169 crore in FY26. Investors will be paying for growth in these new bets during the subscription dates of August 12 to August 14, 2026.