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Shiprocket Files Confidential DRHP For INR 2,500 Cr IPO

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SUMMARY

Logistics unicorn Shiprocket plans to mop up INR 2,000 Cr to INR 2,500 Cr through the IPO

While INR 1,000 Cr to INR 1,200 Cr will be a fresh issue, the remaining would be raised via the OFS

Earlier this year, the New Delhi-based startup passed a resolution to convert it into a public entity from a private one earlier this year

Logistics unicorn shiprocket has pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), joining the long list of startups taking the…

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