Shiprocket IPO today: ₹1,617.5-crore issue opens at ₹92-97; check key details
The Shiprocket IPO opens for subscription today, aiming to raise ₹1,617.5 crore with a price band of ₹92-97 per share, targeting technology, marketing, debt repayment, and acquisitions. The issue includes a fresh issue of ₹885.50 crore and an offer-for-sale of ₹732 crore, with 75% allocated to Qualified Institutional Buyers and 35% to retail investors. The company has already secured ₹727.41 crore from anchor investors, including major firms like Goldman Sachs and Tata AIA Life Insurance.