Logistics and last-mile delivery firm Shadowfax Technologies has raised around Rs 850 crore ($95 million) from anchor investors, marking a strong start ahead of the launch of its initial public offering.
According to disclosures, the Bengaluru-based company allotted close to 6.9 crore equity shares to anchor investors at Rs 124 per share, which is the upper end of the IPO’s price band. The anchor book saw participation from a mix of leading domestic mutual funds and global institutional investors.
Among domestic investors, ICICI Prudential Mutual…

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