Shiprocket Ltd’s ₹1,617.5-crore IPO received a strong response from investors and the issue got fully subscribed on the second day of bidding on August 13, 2026. The IPO was subscribed 3.16 times by the end of Day 2, according to exchange data.
On August 12, the IPO opened for subscription and closes today, August 14. The shares will be listed on the NSE and BSE on August 19, 2026.
Retail Investors Drive Shiprocket IPO
Retail investors are the biggest source of demand so far. At the end of Day 2, the retail portion was subscribed 9.76 times while the NII category was subscribed 4.84 times.
The qualified institutional buyer (QIB) portion, not including anchor investors, had seen relatively few demands at the end of Day 2, with subscription at only 0.03 times.
Shiprocket IPO Subscription -- Day 2. Category Subscription. QIB 0.03x. NII 4.84x. Retail 9.76x. Overall 3.16x
The IPO received bids for approximately 29.82 crore shares against 9.44 crore shares on offer by the end of the second bidding day.
What is the Shiprocket IPO price?
The company has fixed the IPO price band at ₹92–₹97 per share, and ₹97 is the upper end of the band.
The issue comprises a fresh issue of ₹885.5 crore and an Offer for Sale (OFS) component of around ₹732 crore.
Shiprocket is an e-commerce enablement and logistics technology platform that provides services including shipping, fulfilment, payments, checkout and cross-border commerce solutions.
GMP Signals Strong Listing Interest
The IPO has also attracted attention in the unofficial grey market. Shiprocket's GMP was reported at around ₹34, implying an estimated listing price of around ₹131 at the ₹97 upper price band.
That is a potential 35% premium over the issue price. GMP is unofficial and can change before listing, so it should not be treated as a guaranteed listing gain.
When will Shiprocket shares list?
The IPO closes on August 14, 2026. According to the current IPO schedule, the basis of allotment is expected on August 17, refunds and share credit are expected on August 18, and shares will start trading on August 19.
Shiprocket IPO Key Details IPO Size: ₹1,617.5 crore Price Band: ₹92–₹97 Fresh Issue: ₹885.5 crore OFS: Approximately ₹732 crore Day 2 Subscription: 3.16x Retail Subscription: 9.76x NII Subscription: 4.84x
IPO Closing Date: August 14, 2026. When is it to be listed?
The strong response from retail and non-institutional investors indicates that there is a lot of interest in Shiprocket's public-market debut. The final subscription numbers, however, will be known only after bidding closes today.
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