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Flipkart largest seller in Shadowfax IPO
Financial Express Lucknow
|November 03, 2025
THIRD-PARTY LOGISTICS provider Shadowfax’s upcoming initial public offering (IPO) will see several of its institutional and individual investors partially exit their holdings, according to its updated draft red herring prospectus (DRHP).
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The company plans to raise up to %2,000 crore, of which %1,000 crore will be through a fresh issue of shares and the rest via the offer-for-sale (OFS).
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