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MUMBAI: The low cost e-commerce platform Meesho has filed the draft red herring prospectus via the confidential route with the markets regulator Sebi, looking to raise Rs 4,250 crore in primary capital and a similar amount in secondary share sales, joining the bandwagon of other new-age companies Pine Labs, Wakefit, Curefoods and Shadowfax, which have all filed the IPO papers. With the filing Meesho moves a step closer to listing and also joins a growing list of new-age companies like Pine Labs ...Read More >
New Delhi: Logistics service provider Shadowfax Technologies has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise Rs 2,000-2,500 crore, industry sources familiar with the development said. The company could be valued at around Rs 8,500 crore, they added.The IPO is a mix of fresh issue and an offer-for-sale (OFS) by existing shareholders. In a public announcement on Tuesday, Shadowfax Technologies said it has "pre-filed draft red herring p ...Read More >
New Delhi, Jul 1 (PTI) Logistics service provider Shadowfax Technologies has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise Rs 2,000-2,500 crore, industry sources familiar with the development said. The company could be valued at around Rs 8,500 crore, they added. The IPO is a mix of fresh issue and an offer-for-sale (OFS) by existing shareholders. In a public announcement on Tuesday, Shadowfax Technologies said it has "pre-filed draft ...Read More >
New Delhi, Dec 3 (PTI) Third-party logistics provider Shadowfax Technologies on Tuesday said it has recorded an adjusted PAT (profit after tax) of Rs 2 crore in FY24, against a loss of Rs 123.8 crore in the preceding fiscal. Adjusted PAT includes costs related to Employee Stock Ownership Plans (ESOPs). Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. Revenue grew 33 per cent from Rs 1,415 crore in FY23 to Rs 1,885 crore in ...Read More >
New Delhi, Dec 3 (PTI) Third-party logistics provider Shadowfax Technologies on Tuesday said it has recorded an adjusted PAT (profit after tax) of Rs 2 crore in FY24, against a loss of Rs 123.8 crore in the preceding fiscal. Adjusted PAT includes costs related to Employee Stock Ownership Plans (ESOPs). Revenue grew 33 per cent from Rs 1,415 crore in FY23 to Rs 1,885 crore in FY24, according to a company statement. The Bengaluru-headquartered firm said it has "significantly diversified" its re ...Read More >
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