Shiprocket IPO lot size and price band

The Shiprocket IPO lot size is 154 shares. At the upper price band of ₹97, one lot costs ₹14,938: that is the minimum investment.

A retail application can be for 1 to 13 lots (up to ₹1,94,194, under the ₹2 lakh retail limit). HNI (NII) applications start at 14 lots (₹2,09,132), and big HNI above ₹10 lakh at 67 lots.

The price band is ₹92 to ₹97. The final issue price is set inside it after bidding and was ₹97; the amount blocked is worked out at the upper end, so a lower final price releases the difference. At the lower end one lot would cost ₹14,168.

Shiprocket IPO: how many shares to bid for

The smallest and largest bid in each category, at the upper price band. Enter the number of shares (or lots) shown.

CategoryMinimum bidMaximum bid
Retail (up to ₹2 lakh)154 shares (1 lot), ₹14,9382002 shares (13 lots), ₹1,94,194
Small HNI (₹2 lakh to ₹10 lakh)2156 shares (14 lots), ₹2,09,13210164 shares (66 lots), ₹9,85,908
Big HNI (above ₹10 lakh)10318 shares (67 lots), ₹10,00,846no upper limit

Shiprocket IPO amount by number of lots

At the upper price band. Retail covers bids up to ₹2 lakh, small HNI above ₹2 lakh up to ₹10 lakh, big HNI above ₹10 lakh.

LotsSharesAmountCategory
1154₹14,938Retail
2308₹29,876Retail
3462₹44,814Retail
4616₹59,752Retail
5770₹74,690Retail
6924₹89,628Retail
81232₹1,19,504Retail
101540₹1,49,380Retail
132002₹1,94,194Retail
142156₹2,09,132Small HNI
6710318₹10,00,846Big HNI

What lot size and price band mean

The lot size is the smallest number of shares you can bid for, and bids go up in whole lots. The price band is the range within which you can bid; most IPOs end up priced at its top.

Retail applicants can bid at the cut-off price, which means accepting whatever the final price is. The amount blocked is calculated at the top of the band.

Questions

What is the Shiprocket IPO lot size?

154 shares per lot.

What is the minimum investment in the Shiprocket IPO?

₹14,938: one lot of 154 shares at the upper price band.

How many lots can a retail investor apply for in Shiprocket?

Up to 13 lots (₹1,94,194); one more lot would pass the ₹2 lakh retail limit.

What is the minimum HNI application in Shiprocket?

14 lots, ₹2,09,132.

What is the Shiprocket IPO price band?

₹92 to ₹97.

Learn more

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Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.