Shiprocket extends listing gains as Goldman Sachs raises stake
Shiprocket shares continued their upward rally on Thursday, after Goldman Sachs picked up over 40 lakh shares of the Gurugram-based ecommerce enablement company in a bulk deal on debut day.
Shiprocket shares continued to rise in value on 20 August 2026, the day after the company's market debut. At 9:52 am, the stock was trading at Rs 152.66 on the BSE, which represented a 6.38% increase from its previous close of Rs 143.50. This growth followed Goldman Sachs India Equity Portfolio's acquisition of over 40 lakh shares in a bulk deal on the debut day.
The stock was reported to be quoting at Rs 151.63 on the BSE at 11:12 am. Shiprocket was founded in 2011 as Bigfoot Retail Solutions and launched its shipping platform in 2017. The company has since expanded into a full-stack commerce business, encompassing fulfilment, checkout, payments, cross-border shipping, and omnichannel selling.
Its largest shareholder is Bertelsmann India Investments, holding 21.32% of the company. The IPO raised Rs 1,617.48 crore, with the shares listed at Rs 131 on the NSE and Rs 129.50 on the BSE, marking a 35.05% premium over the listing price. The bulk deal, which occurred on debut day, saw institutional investors show strong interest, with the company's stock closing subscribed 99.38 times.
Written by urgent.news from YourStory's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
