Shiprocket IPO allotment expected today following 102x subscription

Shiprocket Ltd, an e-commerce enablement platform, is expected to finalize its IPO allotment on August 17, 2026. The ₹1,617.48 crore initial public offering saw significant investor interest, with total subscriptions reaching approximately 102.28 times.

Subscription details show strong demand across all categories: the Qualified Institutional Buyer (QIB) category was subscribed roughly 125.20 times, the Non-Institutional Investor (NII) category 92.58 times, and the retail category 48.38 times. The issue, which opened on August 12 and closed on August 14, featured a price band of ₹92 to ₹97 per share.

As of the morning of August 17, the Grey Market Premium (GMP) stood at ₹33. Based on the upper price band of ₹97, this suggests a potential listing price of approximately ₹130, representing a possible 34 percent gain for investors. The stock is scheduled to list on both the BSE and NSE on August 19. Investors can check their allotment status online via Kfintech or the BSE.