Temasek-backed Shiprocket's IPO fully subscribed on retail investor demand

Temasek-backed Shiprocket's IPO fully subscribed on retail investor demand

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Temasek- and Eternal-backed e-commerce logistics services firm Shiprocket‘s initial public offering was fully subscribed on the second day of bidding on Thursday, led by retail and non-institutional investors.

The company received bids for 124.95 million shares as of 10:30 a.m. IST, against 94.4 million shares on offer, exchange data showed.

Reuters

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