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The company is looking to raise up to INR 660 Cr through its fresh issue of equity shares. No offer for sale (OFS) component has been outlined yet
It may also undertake a pre-IPO placement of shares worth up to INR 130 Cr; any amount raised under this route will reduce the fresh issue size accordingly
Of the net proceeds, the largest chunk—INR 363.3 Cr—will go towards expanding lease liabilities for new and existing experience centers as well as expanding its backend offices…
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.
The company is looking to raise up to INR 660 Cr through its fresh issue of equity shares. No offer for sale (OFS) component has been outlined yet
It may also undertake a pre-IPO placement of shares worth up to INR 130 Cr; any amount raised under this route will reduce the fresh issue size accordingly
Of the net proceeds, the largest chunk—INR 363.3 Cr—will go towards expanding lease liabilities for new and existing experience centers as well as expanding its backend offices…
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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