Shiprocket IPO Day 2: GMP signals 35% listing gains, Subscribed 97% so far: Should you subscribe?

Shiprocket IPO entered Day 2 with 97% overall subscription on Day 1, driven by retail investors bidding 3.34 times. The grey market premium signals potential listing gains of 35% over the Rs 97 price cap. Major brokerages have issued 'Subscribe' ratings, citing strong positioning in India's expanding e-commerce ecosystem.