Shadowfax Technologies files confidential DRHP with Sebi to raise up to ₹2,500 crore via IPO

Shadowfax Technologies files confidential DRHP with Sebi to raise up to ₹2,500 crore via IPO

Shadowfax Technologies Limited filed a confidential DRHP with Sebi to raise up to ₹2,500 crore via IPO. The company is backed by Flipkart, TPG, and Eight Roads Ventures, among other investors.

Curefoods’ Employee Problem: Over 100% Attrition Rate For 3 Years

IPO-bound cloud kitchen major Curefoods reported an attrition rate of 111.7% for the financial year ended March 31, 2025 (FY25). This was the third consecutive year the company recorded attrition rate above 100%, according to its draft red herring prospectus (DRHP) filed with markets regulator SEBI for its IPO. The IPO will comprise a fresh issue of shares worth up to INR 800 Cr ($304 Mn) and an offer for sale (OFS) of up to 4.85 Cr equity share…

Shadowfax Quietly Gallops Toward IPO, Files Confidential Papers with SEBI

The Securities and Exchange Board of India (SEBI) has received the draft red herring prospectus (DRHP) from logistics giant Shadowfax for an IPO via private pre-filing process.This public announcement is being made in accordance with Regulation 59C(5) of the SEBI ICDR Regulations to notify the public that the company has filed the pre-filed Draft Red Herring Prospectus with SEBI and the stock exchanges. The entire filling has been done under Cha…