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Shiprocket IPO GMP Rises: What Investors Should Know Before Subscribing
Retail investors subscribed 4.20 times as Shiprocket’s grey market premium pointed to a 35.05% listing gain, while QIB demand stayed weak.
Today is the final day for investors to subscribe to the initial share sale of Shiprocket Ltd, an e-commerce enablement platform. The IPO, which opened on August 12, features a price band of Rs 92 to Rs 97 per share.
Shiprocket operates as an e-commerce enablement platform providing technology for shipping, payments, and fulfillment. According to SBICAP Securities, the company achieved a 24 per cent revenue CAGR between FY24 and FY26, demonstrating strong growth momentum.
Non-Institutional investors subscribed 1.66 times their portion, while The Qualified Institutional Buyers quota reached 7 per cent booking. Retail investors emerged as the strongest contributors, with their portion subscribed 4.20 times.
Shiprocket IPO GMP is around Rs 35 today, suggesting a 36.08 per cent potential listing premium. However, GMP is an unofficial indicator and may change before shares list on the BSE and NSE on August 19, 2026.
Nearly Rs 210 crore from the fresh issue will support debt repayment, while Rs 294 crore has been earmarked for marketing and brand building. Another Rs 211 crore will strengthen technology infrastructure and capabilities.