Shiprocket Makes Strong Market Debut With ₹10,230 Crore Market Cap

24 Aug 2026, 6:00 am · 19d ago · 1 min read · Inc42

Stage

IPO

Logistics tech giant Shiprocket made a strong debut on the public bourses, listing at ₹131 on the NSE, up 35.1% from its issue price of ₹97 per share. On the BSE, the stock opened at a 33.51% premium, closing its first trading week at ₹140 per share. The company's market capitalization reached ₹10,230 crore, surpassing its initial valuation target of ₹7,000 crore. Shiprocket becomes India’s third new-age logistics startup to go public, following Delhivery and Shadowfax, amid rising investor demand for tech-driven logistics players showing clear paths to sustainable profitability.