Shiprocket's Rs 7K-cr IPO rewards early backers
Gurugram-based Shiprocket has fixed a price band of Rs 92-97 per share for its initial public offering (IPO), which will open on August 12. At
Gurugram-based Shiprocket has fixed a price band of Rs 92-97 per share for its initial public offering (IPO), which will open on August 12. At the upper end of the price band, the company will command a post-money valuation of Rs 7,056 crore, about 30% lower than the roughly Rs 10,000 crore valuation at which it last raised capital in December 2024.ET was the first to report on August 3 that the Temasek-backed ecommerce logistics company was
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