Shiprocket IPO shows 33% listing gains: Have you been allotted shares? Check here

Shiprocket IPO allotment is due today, August 17, after the logistics company’s public issue received a strong response from investors. The IPO was subscribed 102.28 times by the end of bidding, while the latest grey market premium (GMP) indicates that the stock could make a strong debut on the exchanges.

Shiprocket IPO’s latest GMP stands at Rs 32, according to the latest data available on August 17. With the IPO‘s upper price band fixed at Rs 97 per share, the estimated listing price works out to Rs 129, indicating a potential listing gain of 32.99%.

However, the GMP is only an indication of possible listing performance and does not guarantee the actual listing price.

For investors who applied for the IPO, the immediate question is whether they have received an allotment.

SHIPROCKET IPO GETS 102 TIMES SUBSCRIPTION

Shiprocket’s Rs 1,617.48 crore IPO opened for subscription on August 12 and closed on August 14.

The issue comprised a fresh issue of shares worth Rs 885.50 crore and an offer for sale worth Rs 731.98 crore.

The price band was fixed at Rs 92-97 per share, while the lot size was 154 shares. At the upper price band, a retail investor had to invest Rs 14,938 for one lot.

The IPO received strong demand across investor categories.

The issue was subscribed 48.38 times in the retail category, 125.20 times in the QIB (Ex Anchor) category and 92.58 times in the NII category. Overall, the IPO was subscribed 102.28 times.

With demand far exceeding the number of shares on offer, investors who applied for the IPO will now have to check whether shares have been allotted to them.

HOW TO CHECK SHIPROCKET IPO ALLOTMENT

Shiprocket IPO allotment status can be checked through the IPO registrar, Kfin Technologies, as well as the stock exchange platforms.

CHECK THROUGH KFIN TECHNOLOGIES

Kfin Technologies is the registrar for the Shiprocket IPO.

Investors can visit the Kfin Technologies IPO status page and select Shiprocket from the list of issues.

They can then enter details such as their PAN or application number, as required, and submit the details to check the allotment status.

If shares have been allotted, the details will be displayed on the screen.

CHECK THROUGH BSE OR NSE

Investors can also check their allotment status through the stock exchanges.

On the BSE website, investors need to select the equity option and choose Shiprocket from the relevant IPO list. They can then enter their PAN or application number and submit the details.

Investors can similarly check their IPO bid details through the NSE website.

CHECK THROUGH YOUR BROKER APP

Investors can also check the status through the trading platform or broker app used to apply for the IPO.

After logging in, go to the IPO or order section and look for Shiprocket IPO. The application status should show whether the shares have been allotted.

WHAT DOES THE SHIPROCKET GMP SIGNAL?

Shiprocket’s latest GMP of Rs 32, against the upper IPO price of Rs 97, indicates an estimated listing price of Rs 129.

That translates into an estimated gain of around 33% over the issue price.

For someone allotted one retail lot of 154 shares at Rs 97, a listing at Rs 129 would imply a notional gain of around Rs 4,928.

This is calculated as the difference of Rs 32 per share multiplied by 154 shares.

However, this is only an estimate based on the prevailing GMP. The actual listing price can be different.

WHEN WILL SHIPROCKET SHARES LIST?

The tentative listing date for Shiprocket shares is August 19, 2026.

The IPO allotment is expected to be finalised on August 17, while the shares are scheduled to list on both the NSE and BSE.

For investors, therefore, today’s allotment result is the first hurdle. Those who receive shares can then look ahead to the listing, while investors who do not receive an allotment will have their blocked application funds released according to the IPO process.

(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)

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