Shiprocket’s Rs 1,617.5-crore IPO Sees Unprecedented Demand in Logistics and E-commerce Sector
Shiprocket’s Rs 1,617.5-crore IPO witnessed overwhelming demand, subscribed 99.38 times on its final day of bidding. The company plans to utilise the fresh issue proceeds for marketing, technology infrastructure, debt repayment, potential acquisitions, and general corporate purposes.