Shiprocket IPO: Shares Soar 40% on Debut, Priced at Rs 97

Shiprocket shares surged over 40% on their market debut, significantly outperforming their initial public offering price of Rs 97 per share.

The e-commerce enablement company’s stock opened with a substantial premium, showing strong investor confidence.

Listing Performance Details

• Listed on the NSE at Rs 130, a 34.02% premium over the IPO price.
• Listed on the BSE at Rs 129.50, up 33.51% from the IPO price.
• Shares later traded at Rs 138.56, an overall gain of approximately 42.85% from the IPO price.

Shivani Nyati, Head of Wealth at Swastika Investmart, advised investors to book partial profits while holding the rest for long-term growth, setting a stop-loss at Rs 110.

IPO Demand Snapshot

• The IPO was oversubscribed 102.28 times overall.
• Retail investor portion saw 48.38 times subscription.
• Qualified Institutional Buyers (QIB) segment was subscribed 125.20 times (excluding anchor investors).
• Non-Institutional Investors (NII) category reached 92.58 times subscription.

Investors allotted one lot of 154 shares initially saw a notional gain of Rs 5,082, which climbed to around Rs 6,395 as the stock hit Rs 138.56.

Financial Health Indicators

• Revenue CAGR stood at 24% between FY24 and FY26.
• Adjusted loss narrowed from Rs 351 crore in FY24 to Rs 76 crore in FY26.
• Cash flow from operations turned positive at Rs 52.6 crore by March 31, 2026.

Experts caution against chasing the stock at its current elevated price, suggesting new buyers wait for a more attractive entry point, as sustained financial improvement will be crucial for its long-term outlook.