Shiprocket IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.02 | 0.03 | 125.20 |
| NII | 1.28 | 5.04 | 92.58 |
| bNII | 0.78 | 3.59 | 103.18 |
| sNII | 2.27 | 7.94 | 71.39 |
| RII | 3.49 | 10.19 | 48.38 |
| EMP | 5.51 | 14.10 | 58.85 |
| Total | 1.00 | 3.26 | 102.28 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Shiprocket IPO minimum market lot is 52 shares with ₹14,820 application amount. The Shiprocket IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Incorporated in 2011, Shiprocket is a new-age merchant-first and AI-driven technology platform that helps MSMEs to operate their E-commerce business efficiently by providing services like logistics, checkout, payments, fulfillment, and cross-border trade, allowing Merchants to sell online and offline both efficiently.
Initially, Shiprocket was just a shipping platform where they offered domestic shipping, instant pickups, order tracking, secure delivery, weight verification, and faster cash-on-delivery (COD) payment settlements. Over time, the firm decided to expand its business with Cargo and fulfilment services, Cross-border shipping, Advertising and marketing, and Merchant solutions. The company has five main international shipping routes that connect India with: the United States, the United Kingdom, Canada, Europe, and Singapore.
Shiprocket IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shiprocket IPO Review and Rating
- May Apply For Long-term View
Shiprocket IPO Form
How to apply for the Shiprocket IPO? You can apply for Shiprocket IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shiprocket IPO in the Invest section. The other option is you can apply for Shiprocket IPO via IPO forms downloaded online. Check out the Shiprocket forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
