Shiprocket Ltd

Shiprocket Limited was incorporated as Bigfoot Retail Solutions Private Limited' at New Delhi, as a private limited company, pursuant to a certificate of incorporation dated September 28, 2011, issued by the Registrar of Companies, at New Delhi. The name of Company was changed to Shiprocket Private Limited' dated July 19, 2024. Subsequently, Company was converted to a public limited company and the name was changed to Shiprocket Limited' and a fresh certificate of incorporation dated February 18, 2025 was issued by the RoC. The Company is an e-commerce enablement platform powering direct commerce. Shiprocket helps small businesses, retail brands, direct-to-consumer merchants, and social commerce retailers scale through its technology stack. It runs analytics on behaviour and transactional data and utilise that data for providing marketing or analysis services to its merchants. Apart from this, their business is divided into two main segments: Core Business and Emerging Business. Core Business includes Domestic Shipping platform and Shipping Apps, which provide managed, completed shipping solutions within India. These services offer multi-modal shipping options, AI-driven logistics provider allocation, and tools for order management and data insights. Their Shipping Apps enhance operations like, order tracking, and secure shipments. Emerging Business focuses on new market creation and includes products such as cargo and fulfilment business, cross-border platform, ads and marketing solutions, and others, comprising capital solutions, hyperlocal deliveries and other Merchant solutions within the Emerging Business. Such offerings extend value proposition by enabling Merchants to improve sales and conversion, and scale of business. Company has filed a Draft Prospectus with SEBI and is planning to raise funds through IPO aggregating to Rs 2342.35 crores, comprising a fresh issue of Rs 1100 cr through fresh issue and the offer for sale of Rs 1242.35 crore through offer for sale.