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The Economic Times
The Economic Times
Business
Ritesh Presswala

Delivering Gains! Shiprocket shares list at 35% premium over IPO price

Shiprocket GMP NSE IPO

Shares of Shiprocket made a strong Dalal Street debut on Wednesday, listing at 35% premium over the IPO price. The stock opened at Rs 129.50 and 131 on BSE and NSE, respectively, as compared to its issue price of Rs 97.

The Rs 1,617.48-crore IPO, which was open for subscription from August 12 to August 14, received an overwhelming response from investors. The issue was subscribed 99.38 times overall, reflecting exceptionally strong demand across investor categories.

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