A Look At Shareholding Pattern & Key Executives

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SUMMARY

Cofounders Vaibhav Aggarwal and Adarssh Mnpuria own 19.2% and 6.17% in the company, respectively

Promoter Accel India holds the biggest stake in the company at 21.75%

The company is looking to raise INR 250 Cr with an OFS component of INR 2.68 Cr

Budget hotel chain FabHotels’ parent Travelstack Tech recently filed its draft red herring prospectus (DRHP) with SEBI to raise INR 250 Cr from the public market.

The company’s public offering will comprise a fresh issue of…



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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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A Look At Shareholding Pattern & Key Executives


SUMMARY

Cofounders Vaibhav Aggarwal and Adarssh Mnpuria own 19.2% and 6.17% in the company, respectively

Promoter Accel India holds the biggest stake in the company at 21.75%

The company is looking to raise INR 250 Cr with an OFS component of INR 2.68 Cr

Budget hotel chain FabHotels’ parent Travelstack Tech recently filed its draft red herring prospectus (DRHP) with SEBI to raise INR 250 Cr from the public market.

The company’s public offering will comprise a fresh issue of…



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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