Tech
Shiprocket to soon file confidential prospectus for Rs 2,000-2,500 crore IPO
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Zomato-backed ecommerce logistics company Shiprocket is expected to file a draft prospectus with the Securities and Exchange Board of India (Sebi) shortly for its initial public offering (IPO), three people in the know told ET.
“Shiprocket’s board has approved the IPO plan and the company is planning to file its papers in a day or two under Sebi’s confidential filing route. It is targeting a size of Rs 2,000-2,500 crore for the issue,” one of the persons said.
The confidential filing mechanism allows companies to delay public disclosures of…
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