Shiprocket files updated IPO draft with SEBI; ₹2342 Cr size, Temasek & Zomato invested.

• Shiprocket has filed an updated Draft Red Herring Prospectus (DRHP) with SEBI for its IPO.
• The IPO is valued at ₹2,342.3 crore, comprising a ₹1,100 crore fresh issue and a ₹1,242.3 crore Offer-For-Sale.
• Major shareholders include Bertelsmann, Tribe Capital, Zomato's parent Eternal, and Temasek's MacRitchie Investments.
• IPO funds will be used for platform growth (₹505 crore), debt repayment (₹210 crore), and general corporate purposes.
• Shiprocket's FY25 revenue grew 24% to ₹1632 crore, reporting a net loss of ₹74.4 crore.

Why It Matters: Shiprocket IPO signals e-commerce sector growth, offering new investment prospects.