Shiprocket is set to make its much-anticipated stock market debut on August 19, following a strong response to its initial public offering (IPO) which attracted interest from investors across the board. This offering is about 30% smaller than what was initially envisioned. Selling shareholders include Lightrock and the company's cofounders.

Shiprocket IPO is priced at ₹92-97 a share. A profitable core is offset by heavy Emerging Business losses and a demanding valuation.

Shiprocket IPO entered Day 2 with 97% overall subscription on Day 1, driven by retail investors bidding 3.34 times. The grey market premium signals potential listing gains of 35%…

Shiprocket's IPO was fully subscribed by the second day, with retail investors leading the charge