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

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

- Temasek and Eternal ETEA.NS backed e-commerce logistics services firm Shiprocket's SIPO.NS 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.





(Reporting by Vivek Kumar M; Editing by Mrigank Dhaniwala)

((VivekKumar.M@thomsonreuters.com;))

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