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The Economic Times

Ritesh Presswala

Shiprocket IPO opens for subscription. Should you apply for Temasek, Eternal-backed issue?

Shiprocket IPO Aditya Birla Capital OFS e-commerce India Geojit

India’s leading e-commerce enablement platform, Shiprocket, opened its initial public offering (IPO) for subscription on Wednesday, August 12, with the three-day bidding window set to close on August 14. Backed by strong investor interest and a robust grey market premium (GMP), the IPO has already generated significant buzz ahead of its listing.

In the grey market, Shiprocket shares are currently commanding a 31% premium over the upper end of the issue price of Rs 97, signalling expectations of a strong listing gain.

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