Shiprocket stock jumps 49% after strong 35% market debut
Shiprocket shares entered the Indian stock market with a 35% premium compared to their initial public offering price of ₹97. The stock began trading at ₹131 on the NSE and climbed to a peak of ₹144 during the session, representing a gain of almost 49% from the IPO price. The Gurugram-based e-commerce platform's ₹1,617-crore offering saw massive interest, with subscriptions reaching nearly 100 times.
by shortkt.com✓