๐ Shiprocket IPO sees massive investor interest
Shiprocket's Initial Public Offering (IPO) has seen a strong subscription, crossing over 4 times its issue size on the final day. The company, based in India, attracted significant interest from various investors during the bidding process. As of the closing day, the Grey Market Premium (GMP) for the IPO was reported to be at 38%. This robust subscription reflects high market confidence in the e-commerce logistics platform. The allotment process will now proceed to determine which investors receive the shares. ๐