Shiprocket IPO GMP Today Remains Strong! Issue Booked 13.46x On Day 3 So Far! Time To Bid?

Shiprocket IPO GMP Today: The initial public offering of Shiprocket received strong participation from retail investors, with the issue subscribed more than 24.15 times in the retail category. Shiprocket IPO's Grey Market Premium (GMP) remained strong on Friday despite a mild decline. With only one day left to bid, investors tracking the IPO are closely watching its subscription trend and grey market performance.

Shiprocket IPO Subscription Status Day 3

The Shiprocket IPO was subscribed close to 13.46 times on Day 3 of subscription, ie on Friday till 11:59 am, as per Chittorgarh.com data. The public issue was subscribed by 24.15 times in the retail category, 0.15 times in the QIB (ex-anchor) category, and 32.88 times in the net institutional investors (NII) category.

Shiprocket IPO GMP Today

Shiprocket's IPO GMP today declined marginally to Rs 35 as the IPO entered its third day of subscription. Considering today's IPO GMP, Shiprocket IPO is expected to list at Rs 132 per share (the sum of the upper price band and today's IPO GMP), as per investorgain.com. The expected percentage gain or loss per share is 36.08%.

Shiprocket IPO Details

Shiprocket IPO is a book-built issue of Rs 1,617.48 crores. It is a combination of a fresh issue of 9.13 crore shares aggregating to Rs 885 crores and an offer for sale (OFS) of 7.55 crore shares aggregating to Rs 731.98 crore. The IPO is expected to be listed on NSE and BSE on August 19, 2026.

The IPO is set to issue a price band at Rs 92 to Rs 97 per share. The lot size for an application is 154 shares. The minimum amount of investment required by an individual investor is Rs 14,938 , ie 154 shares based on the upper price. The issue includes a reservation of up to 1,13,636 shares for employees offered at a discount of Rs 9 to the issue price. The book-running lead manager of the IPO are Axis Capital and Kfin Tech is the registrar.

Should You Bid?

Brokerage Nirmal Bang assigned an 'Apply' for Shiprocket IPO for long-term investors. The issue is likely to witness a market capitalisation of Rs 7,058 crore post IPO listing. It is priced at a discount against pure-play logistics tech peers like Delhivery, reported Mint citing Nirmal Bang report.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.