Shiprocket IPO Day 3 Final Subscription Status: 99.38x Subscribed; GMP at ₹35
Shiprocket IPO Day 3 final subscription status shows the IPO closed at 99.38x overall on 14 August 2026, after a sharp final-day rise led by Qualified Institutional Buyers (QIBs). QIB demand reached 122.80x, while Non-Institutional Investors (NIIs) and retail investors subscribed 88.99x and 46.42x, respectively. The latest Grey Market Premium (GMP) is ₹35, implying an indicative price of ₹132. The ₹1,617.48 crore issue is now closed.
| Metric | Final update |
| Bidding day | Day 3 Final |
| Data status | Verified post-close, 14 August 2026 |
| Overall subscription | 99.38x |
| QIB subscription | 122.80x |
| NII subscription | 88.99x |
| Retail subscription | 46.42x |
| Employee subscription | 55.51x |
| Latest GMP | ₹35 |
| GMP percentage | 36.1% |
| Indicative price | ₹132 |
| IPO closing date | 14 August 2026 |
Shiprocket IPO Day 3 Final Subscription Status
Shiprocket received bids for about 938.52 crore shares against 9.44 crore shares available, taking the final subscription to 99.38x.
| Investor category | Final subscription |
| Qualified Institutional Buyers | 122.80x |
| Non-Institutional Investors | 88.99x |
| Retail Individual Investors | 46.42x |
| Employees | 55.51x |
| Overall | 99.38x |
Institutional investors became the largest source of demand by the close. QIB subscription rose from just 0.03x after Day 2 to 122.80x in the final figures. NIIs also recorded substantial demand at 88.99x, while retail subscription finished at 46.42x.
The category multiples reflect the quantity of shares bid for relative to the shares reserved for each category. They do not represent the number of unique applicants. Category allocation also matters when comparing subscription multiples.
Final Day-wise Subscription Trend
The largest change occurred on Closing Day. Shiprocket moved from below full subscription on Day 1 to more than three times subscribed on Day 2, before institutional bidding sharply increased the final multiple.
| Bidding stage | Overall subscription | Key development |
| Day 1 close, 12 August | 0.97x | Retail led early demand |
| Day 2 close, 13 August | 3.16x | Retail and NII demand strengthened |
| Day 3 Final, 14 August | 99.38x | QIB participation rose sharply |
The IPO received bids for about 9.14 crore shares on Day 1 and 29.82 crore shares by the Day 2 close. By the final close, bids had risen to roughly 938.52 crore shares.
This means final demand was not confined to one category. QIBs led numerically at 122.80x, but NIIs, retail investors, and employees were also substantially oversubscribed.
Shiprocket IPO GMP Today and Estimated Listing Price
The latest available Shiprocket IPO GMP is ₹35 per share, based on post-close readings in the evening (6:30 p.m. to 8:29 p.m. IST) on 14 August 2026. This compares with a previous available reading of about ₹36.50 on 13 August, indicating a modest decline despite the sharp rise in final subscription.
At the upper price band of ₹97:
Indicative price = ₹97 + ₹35 = ₹132
GMP percentage = ₹35 ÷ ₹97 × 100 = 36.1%
The ₹132 figure is an indicative calculation, not a listing-price forecast. GMP operates in an unofficial and unregulated market, can change quickly before listing, and does not guarantee a premium debut or gains for investors.
What Stands Out in Today’s Bidding
The clearest signal is the late increase in institutional participation. QIB demand, which was only 0.03x after Day 2, finished at 122.80x. NII demand also expanded substantially from 4.84x to 88.99x.
At the same time, GMP did not rise alongside the final subscription surge. The latest ₹35 reading is slightly below the previous available ₹36.50 level. This subscription-GMP divergence is worth noting because the two indicators measure different things.
Neither high subscription nor a positive GMP establishes fair valuation, business quality, future profitability, or guaranteed listing returns.
IPO Details Retail Investors Need
| IPO detail | Shiprocket IPO |
| Price band | ₹92 to ₹97 per share |
| Lot size | 154 shares |
| Minimum retail investment | ₹14,938 |
| Total issue size | ₹1,617.48 crore |
| Fresh issue | ₹885.50 crore |
| Offer for Sale (OFS) | ₹731.98 crore |
| Issue type | Mainboard book-built IPO |
| Closing date | 14 August 2026 |
| Expected listing date | 19 August 2026 |
| Exchanges | BSE and NSE |
At the upper price band, one minimum retail lot costs 154 × ₹97 = ₹14,938.
Brief Company and Financial Context
Shiprocket operates a technology-led e-commerce enablement platform offering domestic shipping, fulfilment, cross-border logistics, checkout, payments, marketing, and other merchant services. Revenue from operations increased about 24% to ₹2,024.14 crore in FY26 from ₹1,632.01 crore in FY25, although the net loss widened slightly to about ₹79.25 crore from ₹74.45 crore.
Of the fresh proceeds, ₹365.60 crore is earmarked for expanding core and emerging platforms, while ₹210 crore is intended for repayment or prepayment of borrowings. A material consideration is that Shiprocket remains loss-making and depends substantially on third-party logistics and service partners.
What Happens Next
With bidding closed, the basis of allotment is expected to be finalised on 17 August 2026. Refund or fund-unblocking processes and credit of shares are expected on 18 August, followed by the proposed BSE and NSE listing on 19 August 2026. These dates remain subject to the final exchange and registrar schedule.
Frequently Asked Questions (FAQs)
Q: How many times was the Shiprocket IPO subscribed on Day 3 Final?
A: Shiprocket IPO closed at 99.38x overall on 14 August 2026. QIBs were subscribed 122.80x, NIIs 88.99x, retail investors 46.42x, and employees 55.51x.
Q: What is the Shiprocket IPO GMP today after subscription closed?
A: The latest available post-close Shiprocket IPO GMP is ₹35 per share on 14 August 2026. GMP is unofficial and can continue changing until the shares list.
Q: What listing price does the current Shiprocket IPO GMP indicate?
A: With an upper issue price of ₹97 and a GMP of ₹35, the arithmetic indicative price is ₹132 per share, around 36.1% above the upper price band. This is not a guaranteed listing price.
Q: Does 99.38x subscription guarantee a premium listing for Shiprocket?
A: No. A high subscription multiple reflects bidding demand during the IPO but does not guarantee how the stock will list. GMP is also unofficial. Market conditions, valuation, fundamentals, and demand on listing day can affect the actual opening price.
Q: What is the expected Shiprocket IPO allotment date?
A: The basis of allotment is expected to be finalised on 17 August 2026, with the shares currently scheduled to list on BSE and NSE on 19 August 2026.
Disclaimer
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