The paper presents a numerical flowfield visualization over a typical payload shroud of a satellite launch vehicle at Mach number range of 0.80 -3.0 and Reynolds number range of 33 x 106 - 46 x 106 /m. The numerical simulation over the bulbous heat shield is carried out by solving time-dependent compressible axisymmetric turbulent Reynolds-averaged NavierStokes equations. The closure of these equations is obtained employing the Baldwin-Lomax turbulence model. A three-stage Runge-Kutta time-stepping scheme has been used in conjunction with finite-volume discretization of the computational domain. The flowfield features over the bulbous heat shield have been analyzed from the velocity vector and the density contour plots. Flow separation on the payload shroud due to the normal shock wave is observed at Mach number 0.80 and 0.90. The normal shock movement on the heat shield is simulated for various transonic Mach number. A recirculation zone of flowfield is formed in the boat-tail region of the heat shield. The vorticity formation ahead of the heat shield moves close to the heat shield with the increasing transonic Mach number, which is observed in the density contours plots of the flowfield. Shock stand-off distance at the supersonic speed is calculated and compared with asymptotic formula of Frank and Zierep. They are found in good agreement.