Shiprocket IPO closes today: What are the estimated profits if you subscribe?

The IPO opened for subscription on August 12 and closes today. The allotment is expected to be finalised on August 17, while the shares are scheduled to list on the NSE and BSE on August 19.The Shiprocket IPO closes today, August 14, giving investors the final chance to subscribe to the Rs 1,617.48 crore issue. The IPO has attracted attention in the grey market, with the latest premium suggesting that the stock could make a strong debut on the exchanges.Shiprocket has fixed the IPO price band at Rs 92-97 per share. The latest grey market premium (GMP) stands at Rs 35 per share, indicating a possible listing price of around Rs 132.SHIPROCKET IPO DETAILSThe IPO is a combination of a fresh issue and an offer for sale. The fresh issue consists of 9.13 crore shares worth Rs 885.50 crore, while 7.55 crore shares worth Rs 731.98 crore are being offered through an OFS.The IPO opened for subscription on August 12 and closes today. The allotment is expected to be finalised on August 17, while the shares are scheduled to list on the NSE and BSE on August 19. For retail investors, the lot size is 154 shares. At the upper price band of Rs 97, one lot will require an investment of Rs 14,938.Shiprocket IPO's latest GMP stood at Rs 35 as of 11:29 am on August 14. If the GMP remains at this level, the estimated listing price would be Rs 132, calculated by adding the Rs 35 premium to the upper issue price of Rs 97.This would mean a potential gain of Rs 35 per share, or around 36.08%, for investors who receive an allotment and the stock lists at the estimated price.WHAT DOES SHIPROCKET DO?Founded in 2011, Shiprocket provides technology-based solutions to businesses selling online and offline. Its customers include MSMEs, D2C brands and large retailers.The company's services include logistics, fulfilment, cross-border commerce, marketing and financial services.According to the Redseer Report cited in the IPO details, Shiprocket was India's largest new-age end-to-end e-commerce enablement platform by revenue in FY25.WHAT EXPERTS SAYGeojit Investments has given a positive view on the IPO, pointing to Shiprocket's growing merchant base and diversified business.“At the upper price band of Rs 97, Shiprocket is valued at about 3.6x FY26 EV/Sales on a post-issue basis, which is at a discount to the listed peer,” Geojit Investments said.The brokerage also highlighted the company's presence across logistics, fulfilment, cross-border commerce, marketing and financial services.“The company has shown strong growth through expanding merchant adoption and a diversified platform across logistics, fulfilment, cross-border commerce, marketing, and financial services,” it said.DEBT REDUCTION COULD SUPPORT PROFITSShiprocket's asset-light business model is another factor that Geojit Investments sees as a positive. The brokerage expects the company to benefit from its ability to scale its technology-led platform.“Its asset-light, technology-driven model supports scalability and efficiency, while debt reduction from IPO proceeds is expected to improve profitability,” Geojit Investments said.Based on these factors, Geojit Investments has recommended a ‘Subscribe’ rating for medium- to long-term investors.The 36.08% estimated gain may look attractive, but investors should be careful about treating it as a guaranteed return. GMP is based on unofficial market activity and can move sharply depending on demand and market sentiment.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- EndsPublished By: Jasmine anandPublished On: Aug 14, 2026 12:15 IST