Shiprocket set for IPO launch in two weeks with 30% valuation cut
Shiprocket is preparing to roll out its IPO in the coming fortnight, targeting a valuation of approximately ₹7,000 crore. This figure represents a roughly 30% decrease compared to the ₹10,000 crore valuation the company achieved in its previous private funding stage. Additionally, the e-commerce logistics provider is anticipated to submit a new draft prospectus featuring refreshed financial data.
by shortkt.com✓