Shiprocket IPO: 33% Listing Gain Expected Post 102x Subscription
By Business Desk
Shiprocket’s IPO, subscribed 102.28 times, is poised for an estimated 33% listing gain. Final allotment on August 17, 2026, with shares priced at Rs 97.
Shiprocket’s IPO allotment, finalized on August 17, 2026, projects an estimated 33% listing gain. The issue saw robust investor interest, leading to an oversubscription rate of 102.28 times across all categories.
IPO Financials at a Glance
- Grey Market Premium (GMP) on August 17: Rs 32
- Estimated Listing Price: Rs 129 per share
- Upper Price Band: Rs 97 per share
- Total IPO Size: Rs 1,617.48 crore
The offering was open for subscription from August 12 to August 14. It combined a fresh issue of shares, raising Rs 885.50 crore, with an offer for sale totaling Rs 731.98 crore.
The price band for the shares was set between Rs 92 and Rs 97 per share. A standard lot size included 154 shares, requiring a retail investor to commit Rs 14,938 for one lot at the upper price band.
Investor Category Demand
- Retail Investors: Subscribed 48.38 times
- Qualified Institutional Buyers (Ex Anchor): Subscribed 125.20 times
- Non-Institutional Investors (NII): Subscribed 92.58 times
Investors can check their allotment status through the IPO registrar, Kfin Technologies. Verification is also available on the official websites of the BSE and NSE, or via their respective broker applications.
Shiprocket shares are tentatively scheduled for listing on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on August 19, 2026. While the grey market premium offers an indication, the final listing price may vary.