Shiprocket IPO GMP: The IPO Opens at ₹29 GMP

Grey Market Premium Hints at Good Listing Amid Robust Market Demand

The initial public offering (IPO) of e-commerce enablement and logistics SaaS major Shiprocket has captured significant investor attention after a long wait. As the ₹1,617.48 crore issue opens for public subscription, market watchers and investors have closely tracked the Grey Market Premium (GMP) as an informal gauge of listing sentiment.

The issue opened today for public offering with mixed reviews and attention from 

Shiprocket IPO Key Timeline and Details

IPO Opening Date: August 12, 2026

IPO Closing Date: August 14, 2026

Price Band: ₹92 to ₹97 per share

Lot Size: 154 shares (Minimum investment of ₹14,938 at the upper band)
Total Issue Size: ₹1,617.48 crore (Combination of a fresh issue of ₹885.50 crore and an Offer for Sale (OFS) of ₹731.98 crore)

Expected Allotment Date: August 17, 2026

Listing Date: August 19, 2026 (BSE and NSE)
 

Current Shiprocket IPO GMP Trends

The grey market premium for Shiprocket has exhibited a strong upward trajectory heading into the bidding process. The GMP is hovering around ₹26 to ₹30 over the upper end of the price band.

Upper Price Band: ₹97

Estimated Listing Price: Around ₹123 to ₹127 per share
Expected Listing Gains: ~27% to 31% premium

While grey market trends point toward a healthy double-digit listing pop, market analysts remind investors that GMP is entirely unofficial, unregulated by SEBI, and subject to swift fluctuations based on broader macroeconomic shifts and institutional bidding momentum.