Shiprocket IPO ends day 3 with 99.3x subscription on strong QIB push. Check GMP & other details
Shiprocket’s IPO was subscribed 99.31 times, led by strong institutional demand, with QIBs subscribing 122.8 times.
The Rs 1,617.59 crore issue also commands a 38% grey market premium over the upper price band of Rs 97.
Analysts have recommended subscribing, citing the company’s growth prospects, scalable model and e-commerce opportunity.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to Economic Times - Tech.
