2 weeks ago
Shiprocket Shares List With GMP Signalling Up To 38% Gains
Shiprocket is a company that helps businesses send packages and sell things online.
It offered small pieces of the company, called shares, to investors.
The shares were wanted by many more people than there were shares available.
Investors can now see who received shares, and trading is scheduled to begin on 19 August 2026.
The latest grey market estimate suggests the shares could start near ₹134 instead of the IPO price of ₹97.
Earlier estimates were lower, around ₹130 to ₹131.
The grey market is unofficial, so the actual price could be different.
Experts say Shiprocket is growing quickly and has many merchants, but it is still making a loss.
One expert suggested some investors could take partial profits, while new investors may want to wait and review later results.
Shiprocket shares are scheduled to list on the BSE and NSE at 10:00 IST on 19 August 2026.
The latest grey market premium was reported at ₹37, implying an estimated listing price of ₹134 per share.
Earlier reports cited a ₹33–34 GMP and an estimated listing price of ₹130–131, showing differing market indications.
Shiprocket’s IPO was subscribed nearly 100 times, while allotment was finalised on 17 August.
Experts highlighted strong revenue growth and merchant expansion but cautioned that the company remains loss-making and GMP is unofficial.
- Who
- Shiprocket Limited, investors who applied for its IPO, and market experts including Mahesh M. Ojha and Kundan Prajapati.
- What
- Shiprocket shares are scheduled to list after the IPO allotment was finalised, with grey market estimates indicating a possible 34%–38% premium.
- Where
- On the BSE and NSE; allotment status was available through the BSE and KFin Technologies websites.
- When
- Allotment was finalised on Monday, 17 August 2026; listing is scheduled for Wednesday, 19 August 2026, at 10:00 IST.
- Why
- Strong investor demand, business growth and an upward grey market premium have raised expectations for a strong listing, although the company remains loss-making.
Cautious assessment
Growth-oriented assessment
Potential listing performance
Cautious assessment
The grey market is unofficial, and the actual listing price may differ from estimates. Investors should not rely on GMP alone because it is not linked to the company’s balance sheet.
Growth-oriented assessment
The latest GMP of ₹37 suggests a possible listing price of ₹134, or a 38.14% gain over the IPO price, while strong subscription demand supports expectations of a strong debut.
Long-term investment approach
Cautious assessment
Because Shiprocket remains loss-making at the EBITDA and PAT levels, fresh investors may prefer to wait and reassess the company after one or two quarterly results.
Growth-oriented assessment
Shiprocket has a large merchant base, strong revenue growth and expanding businesses such as cross-border logistics, checkout technology and merchant-focused software, which could support longer-term growth.
What existing allottees should do
Cautious assessment
Investors should monitor revenue growth, unit economics and the company’s progress toward sustainable profitability before committing further capital.
Growth-oriented assessment
Existing allottees could consider booking partial listing gains while holding the remaining shares for potential long-term growth.
Key facts
- IPO price
- ₹97 per share at the upper end of the price band
- Latest reported GMP
- ₹37
- Estimated listing price
- ₹134 per share
- Estimated premium
- 38.14% over the ₹97 IPO price
- Listing schedule
- 19 August 2026 at 10:00 IST on the BSE and NSE
- IPO subscription
- Nearly 100 times the issue size
- FY26 revenue
- ₹2,024 crore, compared with ₹1,316 crore in FY24
- FY26 net result
- A net loss of around ₹79 crore
Quotes
Kundan Prajapati
Founder of The Trading Scholar
“Shiprocket has evolved from a shipping platform into a broader e-commerce enablement business, with revenue increasing from ₹1,316 crore in FY24 to ₹2,024 crore in FY26 and its active merchant base exceeding 2.14 lakh.”
livemint.com
“Shiprocket is a high-growth commerce-enablement platform that remains loss‑making but has shown steady improvement in its financial performance.”
livemint.com
Sources
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