Shiprocket stock jumps post-debut; ETSA 2026 Woman Ahead, Social Enterprise nominees
Shiprocket shares extended their strong listing-day gains with a 6% jump on Thursday. This and more in today’s ETtech Top 5.
Shiprocket shares jumped 6% on Thursday, extending their gains from a successful IPO debut. The ecommerce logistics platform listed at Rs 131, a 35% premium, and soared to Rs 156 before closing at Rs 142.19. Goldman Sachs acquired 40.24 lakh shares at Rs 131 each, a Rs 52.71 crore transaction, leading the rally. The company raised Rs 1,617.48 crore via an IPO and listed on the NSE within a day of its debut.
Meanwhile, Swiggy's shares also rose 5% during the day after Jefferies upgraded the stock with a target price of Rs 435 per share. Swiggy is close to becoming an Indian-owned and controlled company (IOCC) after shareholders approved a proposal.
The Economic Times Startup Awards 2026 nominees for Woman Ahead and Social Enterprise categories were announced. The Woman Ahead category recognizes women entrepreneurs, while the Social Enterprise category highlights startups that balance profits with public good. Notable nominees include Pallavi Shrivastava (Progcap), Ankur Dahiya (Rozana), Minu Margeret (Blissclub), and Padcare Labs.
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