IPO-Bound Shiprocket FY26 Loss Widened 7%YoY To ₹79 Cr

by · Inc42

SUMMARY

  • Shiprocket’s FY26 net consolidated losses widened by 6.5% YoY to ₹79.2 Cr while operating revenue grew 24% to ₹2,024 Cr
  • The startup is aiming for a valuation of around ₹7,000 Cr in its upcoming IPO, as it seeks to raise up to ₹885.5 Cr via a fresh issue and OFS
  • Total expenses rose 23% to ₹2,153.4 Cr, with cost of merchant solutions being the largest line item