Shadowfax files confidential prospectus for its IPO

Hyperlocal logistics player Shadowfax has filed the draft red herring prospectus with markets regulator Sebi for its initial public offering ( IPO) under the confidential route, according to a newspaper advertisement by the company.

ET had first reported on June 27 that the Flipkart-backed company was soon likely to file the papers for its Rs 2,000-2,500 crore IPO of which about half is in primary issue of shares.