Fractal Analytics gets Sebi approval for IPO

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Synopsis

The offering includes a fresh issue of shares worth Rs 1,279 crore and an offer for sale valued at Rs 3,620 crore.

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Enterprise artificial intelligence (AI) firm Fractal Analytics has secured approval from the Securities and Exchange Board of India (Sebi) for its planned initial public offering.

The offering includes a fresh issue of shares worth Rs 1,279 crore and an offer for sale valued at Rs 3,620 crore.

Selling shareholders in the offer for sale include Quinag Bidco, TPG Fett Holdings, Satya Kumari Remala and Rao Venkateswara Remala, and…



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Fractal Analytics gets Sebi approval for IPO


Synopsis

The offering includes a fresh issue of shares worth Rs 1,279 crore and an offer for sale valued at Rs 3,620 crore.

Image for Fractal Analytics gets Sebi approval for IPO
Enterprise artificial intelligence (AI) firm Fractal Analytics has secured approval from the Securities and Exchange Board of India (Sebi) for its planned initial public offering.

The offering includes a fresh issue of shares worth Rs 1,279 crore and an offer for sale valued at Rs 3,620 crore.

Selling shareholders in the offer for sale include Quinag Bidco, TPG Fett Holdings, Satya Kumari Remala and Rao Venkateswara Remala, and…



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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