Shiprocket Files Updated IPO Papers With SEBI To Raise Rs 2,342 Crore

Shiprocket Files Updated IPO Papers With SEBI To Raise Rs 2,342 Crore

Temasek-backed e-commerce enablement platform Shiprocket has filed updated draft papers with SEBI to raise over Rs 2,342 crore through an initial public offering (IPO), according to its updated draft red herring prospectus.

Shiprocket files updated IPO papers with Sebi; intends to mobilise Rs 2,342 crore

New Delhi: Temasek-backed e-commerce enablement platform Shiprocket has filed updated draft papers with markets regulator Sebi to raise a little over Rs 2,342 crore through its initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares aggregating up to Rs 1,100 crore along with an offer for sale of Rs 1,242.3 crore by the selling shareholders, according to the updated draft red herring prospectus (UDRHP). As part …

Eternal-Backed Shiprocket Files Updated DRHP For INR 2,342 Cr IPO

Ecommerce enablement company Shiprocket has filed its updated draft red herring prospectus (UDRHP) with SEBI for INR 2,342.3 Cr IPO. The company’s proposed public listing will comprise a fresh issue of equity shares worth up to INR 1,100 Cr and an offer-for-sale (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, MC…