Articles for tag: IPO, logistics, technology

Rajiv Sharma

Business
Logistics Company Prepares for IPO, Learn the Full Plan

Logistics Company Prepares for IPO, Learn the Full Plan

Logistics service provider Shadowfax Technologies Limited has filed a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The proposed Initial Public Offering (IPO) is expected to raise between ₹2000 to ₹2500 crores. This move marks a significant milestone for the company as it aims to expand its operations ...

Rajiv Sharma

Business
Several big players sold stakes in Delhi, deal finalized at ₹461 crore.

Several big players sold stakes in Delhi, deal finalized at ₹461 crore.

Delhivery, one of India’s leading logistics service providers, has made headlines with a recent investment deal that showcases the growing interest in the logistics sector. On Thursday, a consortium including Morgan Stanley, Citigroup Global Markets Singapore, and six other entities acquired a 1.6% stake in Delhivery through an open market transaction. This development reflects the ...