SHIPROCKET
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Shiprocket narrows Q1 net loss to Rs 13.71 crore as revenue jumps 34%
Shiprocket's first earnings report since its IPO shows a consolidated net loss of Rs 13.71 crore for the June 2026 quarter, narrowing from a wider loss a year ago, while revenue grew 34% year-over-year. The company's core business is strengthening, and shares are in focus as investors react to the improved financials.
Temasek's three India bets surge after IPOs
Singapore state investor Temasek Holdings is on a hot streak in India, where three of its portfolio companies have gained more than 30% after market debuts this week. On Wednesday, shares of logistics company Shiprocket listed at a 35% premium and ended the day at 143 rupees ($1.50), nearly 50% above the initial public offering price. Dairy product maker Milky Mist, which listed on Tuesday, traded 40% above the IPO price on Wednesday.
Goldman Sachs acquires Rs 53 crore Shiprocket stake
On the BSE, the stock opened at Rs 149.31, up from its previous close of Rs 143.50, and climbed further to an intraday high of Rs 155.89, marking a 5.71% gain in morning trade. At this level, Shiprocket was nearly 61% above its IPO issue price of Rs 97 and within reach of its upper price band of Rs 172.20. Goldman Sachs buys big in bulk deal Institutional backing provided strong support to the post-listing momentum.
Shiprocket surges 40% on debut; Goldman buys 40 lakh shares
Shiprocket and Behari Lal Engineering shares surged on their market debut, with Shiprocket gaining significant traction. Goldman Sachs acquired over 40 lakh shares in Shiprocket, signaling strong institutional interest. The stock's performance remains robust in early trading.
Shiprocket debuts 48% above IPO price on NSE
Shares opened at Rs 129.50 apiece on the NSE over the IPO price of Rs 97. Following the strong debut, the stock rallied to Rs 144, taking its gains from the issue price to more than 48%. Shiprocket had tapped India’s primary market to raise Rs 1,617.48 crore through its IPO which comprised a fresh issue of 9.13 crore equity shares worth Rs 885.60 crore, along with an offer for sale (OFS) of 7.55 crore shares worth Rs 731.98 crore.
Intelligence feed· 4 articles in 1440m
Shiprocket shares in focus after Q1 revenue rises 34%, net loss narrows; core business strengthens - CNBC TV18
Story first reported.
Shiprocket reports consolidated net loss of Rs 13.71 crore in the June 2026 quarter
New: Shiprocket reports consolidated net loss of Rs 13.71 crore in the June 2026 quarter
Shiprocket shares in focus as Q1 net loss narrows to Rs 14 crore in first earnings post IPO; revenue up 34% YoY
New: Shiprocket shares in focus as Q1 net loss narrows to Rs 14 crore in first earnings post IPO; revenue up 34% YoY
Shiprocket Q1 results: Net loss narrows 24% to ₹13.7 crore, revenue rises 34% - CNBC TV18
Story first reported.