Logistics unicorn Shiprocket has pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), joining the long list of startups taking the confidential route to file their IPO papers.

In a newspaper advertisement, the company said that it proposes to list its shares, with a face value of INR 10, on the main board of the BSE and the NSE.

Shiprocket declined to comment on Inc42’s queries about the size of the IPO and the breakup of fresh issue and offer for sale (OFS).

Earlier this week, ET reported that through the IPO. While INR 1,000 Cr to INR 1,200 Cr will be a fresh issue, the remaining would be raised via the OFS.

The startup passed a resolution to from a private one earlier this year.

Founded in 2017 by Saahil Goel, Vishesh Khurana, Akshay Gulati, and Gautam Kapoor, Shiprocket is an aggregator of third-party logistics players and works with 17 courier partners such as Delhivery, FedEx, Aramex, Xpressbees, DTDC, Shadowfax, among others, to offer shipping solutions to its clients.

(The story will be updated soon.)

The post appeared first on .