Shiprocket files updated DRHP to raise Rs 1,100 Cr via fresh issue

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Logistics and supply chain platform Shiprocket filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), for its Rs 2,342.35 crore initial public offering (IPO).

The Rs 2,342.35 crore IPO includes a fresh issue of equity shares worth Rs 1,100 crore, while existing shareholders and co-founders will offload shares worth Rs 1,242.35 crore through an offer for sale (OFS).

The company filed its draft IPO papers with SEBI in May 2025 via confidential route.

Founded by Saahil Goel, Gautam Kapoor, and Vishesh…



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Shiprocket files updated DRHP to raise Rs 1,100 Cr via fresh issue


Logistics and supply chain platform Shiprocket filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), for its Rs 2,342.35 crore initial public offering (IPO).

The Rs 2,342.35 crore IPO includes a fresh issue of equity shares worth Rs 1,100 crore, while existing shareholders and co-founders will offload shares worth Rs 1,242.35 crore through an offer for sale (OFS).

The company filed its draft IPO papers with SEBI in May 2025 via confidential route.

Founded by Saahil Goel, Gautam Kapoor, and Vishesh…



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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