Logistics

Welspun One, a prominent integrated fund and development platform for warehousing and logistics infrastructure, has expanded its operations in Karnataka, underscoring the state’s rising role as a logistics hub. The company’s latest investment reflects both surging demand for Grade-A storage facilities and the strategic importance of southern India in nationwide distribution networks. Driven by the boom in e-commerce, manufacturing, and retail, the demand for modern warehousing continues to grow rapidly.

Logistics and supply chain solutions provider Delhivery Ltd. witnessed its stock touch a 52-week high, signaling a resurgence of investor confidence in the company’s long-term strategy and operational agility. The sharp uptick in market value comes on the back of a sustained recovery in volumes, improved margins, and positive forward guidance. The company's focus on automation, cost optimization, and infrastructure expansion has resonated well with institutional and retail investors alike.

India’s primary market is bracing for a bustling week ahead, with a flurry of 14 initial public offerings (IPOs) and 11 stock market listings scheduled across the mainboard and SME platforms. This flurry of activity underscores the renewed investor enthusiasm and broader market momentum, as companies rush to capitalize on favorable valuations and liquidity conditions. The upcoming week includes both fresh issues and listing debuts, with SMEs dominating the calendar.

Shadowfax Technologies Ltd, the Flipkart-backed logistics startup, has taken a decisive step towards public listing by confidentially submitting its draft red herring prospectus to the Securities and Exchange Board of India (SEBI). The initial public offering (IPO) aims to raise Rs. 2,000–2,500 crore through a mix of fresh capital and an offer for sale by existing investors. Market insiders peg the company’s valuation at approximately Rs. 8,500 crore—significantly higher than its Rs.

Skyways Air Services Ltd, a leading player in air freight forwarding and logistics, has initiated its journey towards a public listing by filing a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi). The company plans to raise capital through a combination of a fresh issue and an offer for sale, aiming to strengthen its balance sheet by repaying debt and enhancing working capital. Founded in 1984 as a Custom House Agent, Skyways has evolved into a comprehensive logistics provider with revenues exceeding Rs. 1,289 crore in FY24.