The basis of share allotment for e-commerce enablement platform Shiprocket Limited was finalized on Monday, August 17. Investors can now verify their allotment details on the official portals of KFin Technologies, the National Stock Exchange (NSE), and the BSE. Subscription Breakdown The ₹1,617.48 crore initial public offering (IPO) received an overwhelming response, getting subscribed 99.38 times overall. Bids were placed for 9,38,52,82,214 shares against the 9,44,36,030 shares available for offer. Qualified Institutional Buyers (QIBs): Subscribed 122.80 times Non-Institutional Investors (NIIs): Subscribed 88.99 times Retail Individual Investors (RIIs): Subscribed 46.42 times Issue Details and Fund Utilization The IPO consisted of a fresh issue of shares worth ₹885.50 crore alongside an Offer for Sale (OFS) of ₹731.98 crore. Proceeds from the fresh issue will be directed toward strengthening technology infrastructure, expanding marketing initiatives, debt repayment, strategic acquisitions, and general corporate purposes. Shiprocket operates as a merchant-first, API-led platform providing end-to-end e-commerce infrastructure for MSMEs and large retailers across India, enabling direct-to-consumer sales via websites, apps, and social media platforms. How to Check Allotment Status Via NSE Website Visit the NSE IPO verification page ([https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids](https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)). Select Equity & SME IPO bid details. Choose SHIPROCKET under the ‘Select Symbol’ drop-down menu. Enter your PAN and IPO application number. Click Submit. Via BSE Website Navigate to the BSE status portal ([https://bseindia.com/investors/appli_check.aspx](https://bseindia.com/investors/appli_check.aspx)). Set Issue Type to Equity. Select Shiprocket Ltd from the ‘Issue Name’ list. Input your PAN or application number. Click Search. Via KFin Technologies (Registrar) Go to the KFintech status site ([https://ipostatus.kfintech.com/](https://ipostatus.kfintech.com/)). Pick Shiprocket Limited from the list of available IPOs. Enter your PAN, application number, or DP ID/Client ID. Click Submit. Listing Date and Time Shares of Shiprocket Limited are scheduled to list on both the NSE and BSE on Wednesday, August 19, at 10:00 AM. Post navigation AI is No Longer a Differentiator in Startup Pitches, Says Zerodha’s Nithin Kamath