# Shiprocket IPO subscribed 99.38 times, GMP points to stronger debut

2026-08-14T14:28:43+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Shiprocket’s Rs 1,617.5-crore IPO was subscribed 99.38 times on August 14, according to NSE data, with qualified institutional buyers bidding 122.80 times their quota and retail investors 46.42 times. Behari Lal Engineering’s Rs 301.62-crore issue was subscribed 108.34 times, NDTV Profit reported, including 53.27 times in the retail segment. Both issues opened on August 12 and are scheduled to list on the NSE and BSE on August 19. Grey market readings pointed to possible listing gains, but figures varied. NDTV Profit reported Shiprocket’s GMP at Rs 36, implying a 37.11% premium, while Behari Lal Engineering’s Rs 82 GMP implied a 28.77% premium. A separate NDTV Profit update put Behari Lal Engineering’s GMP at Rs 83. GMP is unofficial and speculative. Final allotment is expected on August 17.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/shiprocket-vs-behari-lal-engineering-ipo-gmp-which-ipo-offers-better-listing-gains-11905356>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/shiprocket-vs-behari-lal-engineering-ipo-gmp-which-ipo-offers-better-listing-gains-11905356#publisher=newsstand>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/behari-lal-engineering-ipo-gmp-what-grey-market-premium-signals-on-final-subscription-day-11908055>
- rediff.com <https://www.rediff.com/business/report/shiprocket-ipo-sees-massive-demand-subscribed-9938-times-on-final-day/20260814.htm>

Tags: Behari Lal Engineering, BSE, NSE, Shiprocket
Canonical: https://indianopinion.org/shiprocket-ipo-gmp-signals-37-listing-gain-beats-behari-lal/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/shiprocket-ipo-gmp-signals-37-listing-gain-beats-behari-lal/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.
