The ₹1,617-crore initial public offering from Shiprocket reached full subscription on Thursday, marking its second day on the market. Investors placed bids for 17.63 crore equity shares, surpassing the 9.44 crore shares available. Retail participants drove the demand, with their designated portion being subscribed 6.24 times. Meanwhile, Shiprocket shares are seeing a premium of approximately 35% in the grey market.
by shortkt.com✓