Shiprocket
Weak fundamentals and premium/expensive valuation
Plain-English Summary✨
What does the company do?
Shiprocket IPO is currently open with a price band of 92-97. The company has shown revenue growth, but with significant losses in the last three financial years.
Why are investors interested?
The company's financials show revenue growth, but with significant losses and negative EBITDA margins, indicating a high risk.
What should beginners watch out for?
Some data points such as valuation metrics, anchor investor data, and objects of the issue are missing or not available, which could impact the assessment of the IPO.
Key IPO Metrics
GMP Today
+34.0%
Total Subscription
Overall demand
Retail Subscription
Retail Queue
QIB Subscription
Institutional Queue
NII (HNI) Subscription
Non-Institutional
Anchor Book
Subscribed
Business Overview
About the Company
Industry
Vibrant growth sector
High growth industry driven by energy transition and carbon mitigation.
Business Segments (FY24)
Objects of the Issue
Promoters
Promoters group details
Promoter Group holds 72.21% of pre-issue capital.
Lead Managers
Registrar
Financials & Performance(Standalone)
Revenue (₹ Cr)
CAGR 24.0%PAT (₹ Cr)
EBITDA Margin (%)
ImprovingDebt / Equity (x)
Strong DeleveragingROCE (%)
Healthy Trend| Financial Year | Revenue (₹ Cr) | EBITDA Margin (%) | PAT (₹ Cr) | ROCE (%) | ROE (%) | Debt / Equity (x) |
|---|---|---|---|---|---|---|
| 2024 | ₹1315.98 Cr | -9.72% | ₹-595.18 Cr | 0.00% | 0.00% | 0.00x |
| 2025 | ₹1632.01 Cr | 0.43% | ₹-74.45 Cr | 0.00% | 0.00% | 0.00x |
| 2026 | ₹2024.14 Cr | -0.82% | ₹-79.25 Cr | 0.00% | 0.00% | 0.00x |
Valuation & Peer Comparison
| Company | P/E (x) | ROE (%) | Revenue CAGR (3Y) | EBITDA Margin (%) | Market Cap (₹ Cr) |
|---|---|---|---|---|---|
| Shiprocket (IPO) | -- | -- | 24.0% | -0.8% | -- |
Why this IPO looks good
- Revenue growth in the last three financial years
- Issue is a combination of fresh capital and offer for sale
- Listing on both BSE and NSE
Demand & Momentum
Subscription Trend (Times)
GMP Trend
GMP Trend (₹)
AI Research Q&A
Who is this IPO suitable for?
Ideal for investors who:
- Believe in India's renewable energy growth story
- Have a medium to long-term investment horizon
- Are comfortable with moderate to high risk appetite