Shiprocket has reduced the size of its IPO by nearly 31% to Rs 1,617.6 crore, from Rs 2,342 crore. Meanwhile, Cresa makes hot-water-soluble sanitary pads that are 100% biodegradable, plastic-free, and dissolve in 80 seconds.

Shiprocket now aims to raise Rs 885 crore through a fresh issue, down from the Rs 1,100 crore proposed earlier, while the offer-for-sale (OFS) component has been reduced to Rs 732…

The Gurugram-based ecommerce enablement platform has reduced the size of its initial public offering by 31% from Rs 2,342 crore ahead of its market debut on August 12