Shiprocket IPO
Shiprocket Limited (SHIPROCKET) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 19 August 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +43.7% (likely range +16% to +44%), day's high +54.7%, chance of a gain 97%. Actual: +35.0% at the open, +60.8% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 5,09,69,864 | 6,25,93,38,316 | 123x | |
| NII (HNI) total | 2,60,07,411 | 2,31,44,03,938 | 89.0x | |
| Big NII (above ₹10 lakh) | 1,73,38,274 | 1,71,95,35,048 | 99.2x | |
| Small NII (₹2-10 lakh) | 86,69,137 | 59,48,68,890 | 68.6x | |
| Retail | 1,73,38,274 | 80,48,52,202 | 46.4x | |
| Employees | 1,20,481 | 66,87,758 | 55.5x | |
| Total | 9,44,36,030 | 9,38,52,82,214 | 99.4x |
Bids on NSE and BSE together, as published by NSE, as of 14 Aug 2026, 07:00 PM. Shares offered exclude the anchor portion. 7% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Shiprocket's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Aditya InfotechJul 2025 | 133x | 72.0x | 50.9x | 101x | ₹1,372 Cr | +50.4% | +63.6% |
| Rubicon ResearchOct 2025 | 130x | 97.6x | 35.5x | 104x | ₹1,449 Cr | +27.8% | +31.8% |
| Urban CompanySep 2025 | 140x | 74.0x | 39.2x | 104x | ₹1,997 Cr | +57.5% | +73.8% |
| Le Travenues TechnologyJun 2024 | 107x | 111x | 54.8x | 98.3x | ₹740 Cr | +48.5% | +78.2% |
| DOMS IndustriesDec 2023 | 116x | 66.5x | 69.7x | 93.5x | ₹1,265 Cr | +77.2% | +81.5% |
| AequsDec 2025 | 121x | 80.6x | 78.0x | 102x | ₹942 Cr | +12.9% | +26.6% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| BofA Securities India | 18 | +30.6% | 72% |
| JM Financial | 109 | +22.8% | 75% |
| Kotak Mahindra Capital Company | 83 | +20.8% | 76% |
Offer documents (NSE)
Frequently asked
What is the Shiprocket IPO price band and lot size? ₹92.0–97.0 per share, with a lot of 154 shares, so the smallest retail bid is ₹14,938.
How many times has it been subscribed? 99.4x overall: QIB 123x, NII 89.0x, retail 46.4x, employees 55.5x.
How did it list? It opened at ₹131, +35.0% against the issue price of ₹97.0, and closed its first day +47.9%.
