2 weeks ago
Shiprocket Shares Surge Nearly 48% in Market Debut
Shiprocket is a company that helps online businesses with e-commerce services.
Its shares began trading on Wednesday.
The starting price, called the issue price, was Rs 97.
On the BSE, the shares opened at Rs 129.50.
They later finished at Rs 143.50.
On the NSE, they opened at Rs 131.
They ended at Rs 143.45 there.
Overall, the shares rose by nearly 48% on their first trading day.
Shiprocket shares ended nearly 48% above their issue price of Rs 97.
The stock opened on the BSE at Rs 129.50, a 33.50% premium.
Shiprocket shares ended at Rs 143.50 on the BSE.
On the NSE, the stock debuted at Rs 131, up 35%.
The shares closed at Rs 143.45 on the NSE, a 47.88% gain.
- Who
- Shiprocket Ltd, an e-commerce enablement platform.
- What
- Its shares rose nearly 48% above the issue price on their market debut.
- Where
- On the BSE and NSE.
- When
- Wednesday.
- Why
Key facts
- Company
- Shiprocket Ltd
- Issue price
- Rs 97
- BSE opening price
- Rs 129.50
- BSE closing price
- Rs 143.50
- NSE opening price
- Rs 131
- NSE closing price
- Rs 143.45
- Debut performance
- Nearly 48% above the issue price at closing









