Topic
shiprocket
Business Shiprocket shares make strong debut, list at 35% premium at Rs 131
Shiprocket made a strong stock market debut, listing at Rs 131 on the NSE, a 35.05% premium over the IPO price of Rs 97. The company's Rs 1,617.48-crore IPO was subscribed 99.38 times. Proceeds will fund marketing, technology, debt repayment and potential acquisitions.
Business IPO Bonanza: Dhoot Transmission, Shiprocket Among 5 Companies Raising Rs 7,443 Crore This Week
Five companies — Dhoot Transmission, Molbio Diagnostics, Milky Mist Dairy Food, Shiprocket and Behari Lal Engineering — will raise a combined Rs 7,443 crore through IPOs opening between August 10 and August 12, according to Business Today. The line-up includes India's largest dairy IPO from Milky Mist and IFC's return to mainboard anchor investing after five years through Molbio Diagnostics.
Finance IPO Rush Ahead: Zepto, Shiprocket and 12 More Firms to Hit Primary Market; Eye Rs 25,000 Crore-Plus Fundraising
At least 14 companies are expected to launch IPOs in the coming weeks, targeting combined fundraising of over Rs 25,000 crore through fresh equity and offer-for-sale. Quick commerce leader Zepto leads with an Rs 8,010 crore fresh issue, while logistics platform Shiprocket and housing finance firm Truhome Finance are among other major names. Market participants expect robust activity as investor sentiment improves.