Shadowfax Files Confidential IPO Papers With SEBI

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