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Asia

Shiprocket IPO Day 2: GMP signals 35% listing gains, Subscribed 97% so far: Should you subscribe?

Markets-Economic Times · 1h ago · 🇮🇳 India

Shiprocket IPO Day 2: GMP signals 35% listing gains, Subscribed 97% so far: Should you subscribe?

Shiprocket IPO entered Day 2 with 97% overall subscription on Day 1, driven by retail investors bidding 3.34 times. The grey market premium signals potential listing gains of 35% over the Rs 97 price cap. Major brokerages have issued 'Subscribe' ratings, citing strong positioning in India's expanding e-commerce ecosystem.

Read the full story at Markets-Economic Times →

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