Shadowfax Sets IPO Price Band At INR 118-124

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SUMMARY

Logistics major Shadowfax has set the price band for its IPO, which is set to open on January 20, at INR 118 to INR 124 per share

At the upper end of the price band, the IPO values the company at INR 7,168 Cr (about $795 Mn)

Anchor bidding for the issue will take place on January 19, while the IPO will close on January 22

Logistics major ShadowFax has set the price band for its IPO, which is set to open on January 20, at INR 118 to INR 124 per share.

At the upper end of the price band, the IPO values the company at…



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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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Shadowfax Sets IPO Price Band At INR 118-124


SUMMARY

Logistics major Shadowfax has set the price band for its IPO, which is set to open on January 20, at INR 118 to INR 124 per share

At the upper end of the price band, the IPO values the company at INR 7,168 Cr (about $795 Mn)

Anchor bidding for the issue will take place on January 19, while the IPO will close on January 22

Logistics major ShadowFax has set the price band for its IPO, which is set to open on January 20, at INR 118 to INR 124 per share.

At the upper end of the price band, the IPO values the company at…



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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