India’s leading e-commerce enablement platform, Shiprocket, has entered Day 2 of its IPO with strong investor interest. So far, the overall issue has been subscribed 1.72 times against the 9.44 crore shares on offer. The retail portion stood out, attracting 5.76 times subscription against 1.73 crore shares reserved for retail investors.
In the grey market, its shares are commanding a 35% premium one the upper issue price of Rs 97, market sentiment points toward a potentially strong listing gain.
