Shiprocket IPO Closes With 99.38x Oversubscription

Shiprocket's public issue closed with 99.38x oversubscription, with investors bidding for 938.53 crore shares against an offer of 9.45 crore, per Inc42. Logistics infrastructure is now proven capital-light; builders in fulfillment, reverse logistics, or last-mile tech should consider going public or securing late-stage growth capital while investor appetite is high—this window may close in 6–12 months if inflation or interest rates spike.

Source: Inc42 ↗