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Shiprocket lists at 35% premium, valuing its merchant-commerce growth story
Shiprocket debuted at a roughly 35% premium to its ₹97 IPO price. The e-commerce enablement platform plans to use fresh-issue proceeds for technology, operations, marketing and brand building, supporting merchant shipping, payments, fulfilment and cross-border commerce services.
Reported figures
From the report. Source details below
- ₹131 NSE listing price per share
- ₹129.50 BSE listing price per share
- ₹885.60 crore fresh issue
- ₹294 crore for marketing and brand building
- ₹211 crore for technology infrastructure
Other figures
- 33.51% BSE premium
- ₹92-₹97 IPO price band
- 9.13 crore fresh shares
- 7.55 crore OFS shares
The source
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