Shiprocket IPO allotment: How to check status online on NSE, BSE, KFin Technologies; listing date, time revealed

The basis of allotment of Shiprocket Ltd, an e-commerce enablement platform, is expected to be finalised on Monday, August 17. The bid finalisation details will be available on the websites of the National Stock Exchange (NSE) and the BSE.

The initial public offering was subscribed 99.38 times, with bids for 9,38,52,82,214 shares compared to 9,44,36,030 shares on offer, according to the NSE data.

The category for qualified institutional buyers (QIBs) was subscribed 122.80 times, while the quota for non-institutional investors drew 88.99 times subscription. Retail investors' portion received 46.42 times subscription.

The ₹1,617.48 crore IPO comprised a fresh issuance of ₹885.50 crore and an offer for sale of ₹731.98 crore.

The company will use issue proceeds to invest in marketing initiatives and strengthen technology infrastructure across its core and emerging businesses. The money will also be utilised to clear debt, pursue potential acquisitions and meet general corporate purposes.

Shiprocket Ltd is an end-to-end, merchant-first, new-age, and API-led technology platform that enables e-commerce transactions for India's MSMEs and large retailers.

The platform simplifies e-commerce for merchants who sell directly to end consumers through their own applications, websites or social media channels.

Shiprocket IPO allotment and listing date

Shiprocket IPO allotment status is likely to be finalised on Monday, August 17, by late evening.

How to check Shiprocket IPO allotment status online on NSE

• Open this website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• From the 'Select Symbol' section, choose 'SHIPROCKET'
• Identify yourself using PAN and application number
• Click on the 'Submit' button

Steps to check Shiprocket IPO allotment status online on BSE

• Head to BSE's allotment status page: https://bseindia.com/investors/appli_check.aspx
• Keep the issue type as 'Equity'
• From the ‘Issue Name’ list, select 'Shiprocket Ltd'
• Mention either your PAN or IPO application number
• Hit the ‘Search’ button

Shiprocket IPO allotment status online on KFin Technologies; full steps

• Visit the registrar's allotment status page: https://ipostatus.kfintech.com/
• Click on 'Shiprocket Limited' from the ‘Select IPO’ list
• Add any one: Demat account number, PAN or IPO application number
• Press the 'Submit' button

Shiprocket IPO listing date and time

Shares of Shiprocket Ltd will be listed on the National Stock Exchange (NSE) and the BSE on Wednesday, August 19, at 10 am.