Capillary Technologies files IPO papers; aims to raise Rs 430 crore

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SaaS firm Capillary Technologies India has filed preliminary papers with markets regulator Sebi to seek approval to raise funds through an initial public offering (IPO).

The IPO comprises a fresh issue of shares worth Rs 430 crore and an offer for sale (OFS) of 1.83 crore shares by existing shareholders, according to the draft red herring prospectus (DRHP) on Wednesday.

Those selling shares in the OFS include Capillary Technologies International Pte Ltd, Ronal Holdings LLC, Trudy Holdings, and Filter Capital India Fund I.

Proceeds from its fresh…



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Capillary Technologies files IPO papers; aims to raise Rs 430 crore


SaaS firm Capillary Technologies India has filed preliminary papers with markets regulator Sebi to seek approval to raise funds through an initial public offering (IPO).

The IPO comprises a fresh issue of shares worth Rs 430 crore and an offer for sale (OFS) of 1.83 crore shares by existing shareholders, according to the draft red herring prospectus (DRHP) on Wednesday.

Those selling shares in the OFS include Capillary Technologies International Pte Ltd, Ronal Holdings LLC, Trudy Holdings, and Filter Capital India Fund I.

Proceeds from its fresh…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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