Shiprocket IPO subscription and allotment status

Shiprocket Ltd, an e-commerce enablement platform, has seen intense interest in its Rs 1,617.5 crore initial public offering (IPO). Prior to bidding, the company reduced its total issue size by approximately 31%, setting a price band of Rs 92–97 per share. The offering comprises a fresh equity issue of Rs 885.5 crore and an Offer For Sale (OFS) of roughly Rs 732 crore, involving major shareholders such as Lightrock, Tribe Capital, and co-founders Gautam Kapoor and Saahil Goel.

Following the subscription period from August 12 to August 14, the IPO reached a total subscription level of approximately 102.28 times. Demand was robust across all investor categories: Qualified Institutional Buyers (QIBs) subscribed roughly 125.20 times, Non-Institutional Investors (NIIs) 92.58 times, and retail investors 48.38 times.

The company intends to utilize the fresh issue proceeds for marketing, technology infrastructure, debt repayment, and potential acquisitions. As of August 17, 2026, the company is expected to finalize its IPO allotment. With a Grey Market Premium (GMP) of Rs 33, market indicators suggest a potential listing price of approximately Rs 130, representing a possible 34 percent gain. The stock is scheduled to list on the BSE and NSE on August 19.