E-commerce logistics platform Shiprocket has opened its IPO for public subscription with a price band of Rs. 92–97 per share. The company plans to utilise the proceeds to strengthen technology infrastructure, expand logistics capabilities and support future business growth. Investors are closely watching subscription levels as the logistics sector continues to benefit from India’s expanding online retail market.
Market participants believe the company’s strong position in e-commerce fulfilment could support long-term growth, although valuation and profitability remain key factors for investors evaluating the issue.
