Shiprocket extends listing gains as Goldman Sachs raises stake

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.