{
  "id": 2091629,
  "title": "Shiprocket extends listing gains as Goldman Sachs raises stake",
  "url": "https://urgent.news/2026/08/20/shiprocket-extends-listing-gains-as-goldman-sachs-raises-stake",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-20T05:06:25.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/08/shiprocket-extends-listing-gains-as-goldman-sachs-buys-in"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}