Logistics unicorn Shiprocket files draft IPO pre-files draft for IPO through confidential route

Axis Capital, BofA Securities, JM Financial, and Kotak Mahindra Capital Company Ltd are the book-running lead managers to the issue

E-commerce enablement platform Shiprocket has filed draft papers with markets regulator SEBI for an initial public offering through a confidential pre-filing route. The logistics unicorn is backed by marquee investors Temasek and Zomato and is a full stack e-commerce enabler offering services including order fulfillment, shipping, buyer communication, returns management among others.

In a public notice on Wednesday, Shiprocket Ltd said it has filed “the pre-filed Draft Red Herring Prospectus with SEBI and the stock exchanges under the – ICDR (Issue of Capital and Disclosure Requirements) Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges”. However, it clarified that the pre-filing of DRHP does not guarantee that the company will go ahead with the initial public offering.

Shiprocket processes over 490 million e-commerce transactions and serves over 120 million end-consumers through its core business. It enables over 4 lakh merchants to scale online, supported by a logistics network that covers 19,000 pin codes across India and reaches over 160 countries via its cross-border capabilities.

Axis Capital, BofA Securities, JM Financial, and Kotak Mahindra Capital Company Ltd are the book-running lead managers to the issue.

Published on May 21, 2025