LogisticTech
Shiprocket Files Updated DRHP For INR 2,342 Cr IPO
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SUMMARY
The company’s proposed public listing will comprise a fresh issue of equity shares worth up to INR 1,100 Cr and an OFS component of up to INR 1,242.3 Cr
Cofounders Gautam Kapoor, Saahil Goel and Vishesh Khurana, along with institutional investors LR India Fund I, Arvind Ltd, Tribe Capital III among others will offload shares via the OFS
Shiprocket plans to use INR 505 Cr from the IPO proceeds for investments in its platforms, primarily for the emerging business and its core business
Logistics unicorn shiprocket
has…
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