Entrepreneur News Network

Pristine Logistics Files Confidential DRHP with SEBI for IPO, Strengthens Expansion in India’s Rail Logistics Sector

Pristine

New Delhi: Pristine Logistics & Infraprojects Limited has taken a significant step toward entering the public markets by confidentially filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) under the regulator’s pre-filing route. The confidential filing marks the beginning of the company’s proposed Initial Public Offering (IPO), allowing … Read more

Shadowfax Makes Weak Stock Market Debut, Lists at Discount to IPO Price

Shadowfox

Mumbai, January 2026: Shadowfax Technologies, a logistics and last-mile delivery firm backed by Flipkart, made a muted debut on Indian stock exchanges on Wednesday, with its shares listing below the IPO issue price. The company’s stock debuted at around ₹112–113 on both the NSE and BSE, nearly 9% lower than the IPO’s upper price band … Read more