Shiprocket shares list at 35% premium at Rs 131 on NSE

The Shiprocket made a strong debut on the stock exchanges on Wednesday, August 19, with its shares listing at Rs 131 per share on the NSE, giving investors a listing gain of around 35.05% over the issue price of Rs 97.The stock was listed on both the BSE and NSE after the company’s Rs 1,617.48 crore initial public offering (IPO) received an overwhelming response from investors. The issue was subscribed 102.28 times during the three-day bidding period. The company’s retail portion was subscribed 48.38 times, while the qualified institutional buyers’ portion was subscribed 125.20 times.Shiprocket’s grey market premium, or GMP remained positive in the run-up to its listing. The GMP was around Rs 33.50 on the allotment day and moved higher to about Rs 36 on the morning of listing, suggesting an initial indicative listing price of around Rs 133.The strong GMP indicated that market sentiment remained positive even after the IPO had closed. However, investors should keep in mind that grey market trades are unofficial and the premium can change quickly depending on market sentiment. With the stock now listed, the focus will shift from the initial listing pop to how Shiprocket performs in the public market. Investors will be watching the company’s revenue growth, profitability, competitive position and ability to scale its logistics technology business as it begins its journey as a listed company.(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 On: Aug 19, 2026 10:20 IST