Shadowfax Files Confidential IPO Papers With SEBI

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SUMMARY

While the IPO size was not disclosed in the notice, reports suggest that Shadowfax is targeting a listing worth INR 2,000–2,500 Cr

The company said, “This public announcement is being made pursuant to Regulation 59C(5) of the SEBI ICDR Regulations to inform the public that the company has filed the Pre-filed Draft Red Herring Prospectus with SEBI..”

With this move, Shadowfax joins the likes of Aequs, Groww, Shiprocket, boAt, and PhysicsWallah (PW) in leveraging the confidential filing route

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Shadowfax Files Confidential IPO Papers With SEBI


SUMMARY

While the IPO size was not disclosed in the notice, reports suggest that Shadowfax is targeting a listing worth INR 2,000–2,500 Cr

The company said, “This public announcement is being made pursuant to Regulation 59C(5) of the SEBI ICDR Regulations to inform the public that the company has filed the Pre-filed Draft Red Herring Prospectus with SEBI..”

With this move, Shadowfax joins the likes of Aequs, Groww, Shiprocket, boAt, and PhysicsWallah (PW) in leveraging the confidential filing route

Logistics major



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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