E-commerce logistics company Shiprocket is also making its stock-market debut today after an exceptionally strong response to its IPO. The Rs. 1,617-cr. issue was subscribed around 99 times, led by heavy institutional participation.
The listing will be closely watched because Shiprocket represents one of the more prominent new-age companies entering the public market this month. Investors will focus on the opening price, trading volumes and whether the company can maintain its growth trajectory in India’s expanding e-commerce logistics industry.
