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Shiprocket IPO Day 2: Issue oversubscribed 3.16x, retail bids cross 9x; GMP at 35%

  • Posted on August 13, 2026
  • By Financial Express
  • 1 Views
  • 1 min read
In brief

Shiprocket's initial public offering demonstrates robust investor enthusiasm during its second subscription day, achieving 3.16x oversubscription with particularly strong participation from retail investors and company employees. The grey market premium reaches 35%, indicating positive market sentiment ahead of the IPO's closure. These metrics reflect growing confidence in India's logistics and supply chain technology sector, signaling healthy demand for the platform's digital shipping solutions among both institutional and individual investors.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Shiprocket IPO Day 2: Issue oversubscribed 3.16x, retail bids cross 9x; GMP at 35%
Shiprocket IPO Day 2: Issue oversubscribed 3.16x, retail bids cross 9x; GMP at 35%

Shiprocket IPO is subscribed 3.16x on Day 2, led by retail and employee demand, with GMP at 35%; check key dates before bidding.
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Author
Financial Express

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