India, Aug. 19 -- Shares of e-commerce enablement platform Shiprocket Ltd made a strong market debut on Wednesday, listing around 35 per cent above the IPO issue price of Rs 97.

On the BSE, the stock opened at Rs 129.50, a premium of 33.50 per cent over the issue price.

On the NSE, Shiprocket shares debuted at Rs 131, representing a 35 per cent premium.

Following the listing, the company commanded a market valuation of Rs 9,901.60 crore.

Shiprocket's initial public offering (IPO) was subscribed 99.38 times on the final day of bidding on Friday.

The Rs 1,617.5-crore IPO had a price band of Rs 92-97 per share. The issue comprised a fresh issue of equity shares worth up to Rs 885.50 crore and an offer for sale (OFS) of shares worth up t...