Shiprocket confidentially files draft papers for IPO

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Ecommerce logistics startup Shiprocket has filed a confidential draft prospectus with the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), as per a newspaper advertisement by the company.

ET had reported on Monday that the company was planning to file its papers for a Rs 2,000-2,500 crore IPO.

Backed by Zomato and Temasek, Shiprocket plans to raise Rs 2,000–2,500 crore through its market debut, including a fresh issue of Rs 1,000–1,200 crore.

The company has appointed Axis Capital, Kotak Mahindra Capital, JM…



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Shiprocket confidentially files draft papers for IPO


Ecommerce logistics startup Shiprocket has filed a confidential draft prospectus with the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), as per a newspaper advertisement by the company.

ET had reported on Monday that the company was planning to file its papers for a Rs 2,000-2,500 crore IPO.

Backed by Zomato and Temasek, Shiprocket plans to raise Rs 2,000–2,500 crore through its market debut, including a fresh issue of Rs 1,000–1,200 crore.

The company has appointed Axis Capital, Kotak Mahindra Capital, JM…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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