A third-party logistics solution provider, Ecom Express is looking to enter the primary market with an initial public offering (IPO) of Rs 30 billion. Appointed bankers include Kotak Capital, IIFL, Axis Capital, and UBS. The logistics firm has initiated the process for the issue, which includes both a fresh issue and an offer for sale from the existing investors. The company is likely to file its draft red herring prospectus (DRHP) soon.
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