India, Aug. 13 -- Update | August 13, 2026

Shiprocket's public issue was subscribed 3.16X on the second day of bidding, receiving bids for 29.8 Cr equity shares against 9.44 Cr shares on offer.

Retail investors continued to show the strongest interest in the IPO, placing bids for 16.9 Cr shares against the 1.73 Cr shares reserved for them, translating into a 9.7X subscription.

NIIs also showed strong interest in the public issue, subscribing to their quota 4.8X. They placed bids for 12.6 Cr shares against the 2.6 Cr shares earmarked for them.

Within the NII category, investors placing bids worth more than Rs.10 Lakh subscribed to 5.9 Cr shares against the 1.7 Cr shares reserved for them, translating into a 3.4X subscription. Meanwhile...