Shiprocket IPO Opens At ₹92-97: Should Investors Subscribe Or Wait For Better Clarity?

Shiprocket has launched its IPO with a price band of ₹92–97 per share, seeking a valuation of around ₹7,000 crore. The company positions itself as an end-to-end e-commerce growth partner with a strong technology and AI focus. Ambareesh Baliga, Market Analyst, believes the IPO appears fairly valued at current levels and may not see a significant listing premium. While he expects the issue to attract institutional interest and receive healthy subscriptions, he advises investors to watch the company’s performance over the next two to three quarters before taking a long-term investment call.