Shiprocket shares extended their gains for the second straight session on Thursday, rising nearly 6% in early trade after a blockbuster debut a day earlier. 7 crore purchase by Goldman Sachs on the listing day.

71% gain in morning trade. 20.

Goldman Sachs buys big in bulk dealInstitutional backing provided strong support to the post-listing momentum. 24 lakh shares of Shiprocket at Rs 131 apiece on Wednesday, August 19.

71 crore. Goldman Sachs had also participated as an anchor investor prior to the public issue.

07 lakh shares at Rs 97 apiece, amounting to an investment of around Rs 35 crore. 15 lakh shares at Rs 97 apiece, deploying about Rs 5 crore each.

48 crore through its IPO, which was priced between Rs 92 and Rs 97 per share. The stock listed on the NSE at Rs 131 apiece, delivering a 35% premium over the issue price.

Following the debut, buyers continued to swarm the counter. 10.

53% above its issue price. Should you buy, sell or hold Shiprocket shares?

Market watchers remain positive on the company, citing its end-to-end technology infrastructure, diversified merchant offerings, and presence across logistics, direct commerce and cross-border fulfilment. Ravi Singh, Chief Research Officer at Master Capital Services, noted that the company is well positioned to benefit from the growing demand for integrated e-commerce solutions through its consumption-based model and improving financial performance.

He suggested that investors allotted shares in the IPO could book partial profits following the listing surge while keeping the remaining holding for the long haul. For fresh entry, Singh recommended waiting for price dips.

Shivani Nyati, Head of Wealth at Swastika Investmart, similarly advised allottees to lock in gains partially and hold the rest for the platform's long-term growth story, suggesting a strict stop-loss at Rs 110.