Ecom Express Files for IPO, Aims to Raise Rs 2,600 Crore

Logistics firm Ecom Express has filed its draft red herring prospectus with SEBI for an IPO, seeking to raise Rs 2,600 crore. The offering includes a fresh issue of Rs 1,284.5 crore and an OFS of Rs 1,315.5 crore. The company plans to utilize the funds to expand its operations.