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Shiprocket Soars: IPO Jumps Over 35% on Debut
19 Aug
Summary
- Shiprocket shares listed with over 35% premium on Wednesday.
- The IPO received a massive subscription of nearly 100 times.
- Stock debuted at Rs 131 on NSE and Rs 129.5 on BSE.
Shiprocket Ltd., an e-commerce enablement platform, saw its shares debut with a significant surge on Wednesday, August 19, 2026. The stock listed at a premium exceeding 35% compared to its issue price of Rs 97.
On the National Stock Exchange (NSE), Shiprocket's shares opened at Rs 131, marking a 35.05% increase during the pre-open session. Simultaneously, on the Bombay Stock Exchange (BSE), the stock commenced trading at Rs 129.5, representing a 33.51% jump from its offering price.
The initial public offering (IPO) for Shiprocket was available for public subscription from August 12 to August 14. It attracted overwhelming investor demand, concluding with a subscription rate of approximately 99.38 times by the final day of bidding.
