E-com enablement platform Shiprocket files for Rs 2,342 crore IPO

MUMBAI: E-commerce enablement platform Shiprocket has filed for a Rs 2,342-crore initial public offering (IPO) with the regulator Securities and Exchange Board of India (SEBI).

The issue aggregating up to Rs 2,342.3 crore comprises a fresh issue of Rs 1,100 crore and an offer-for-sale of up to Rs 1,242.3 crore by the selling shareholders. The face value of each share is Rs 10, the company said Saturday.

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