Capillary Technologies To File DRHP For $200 Mn IPO By June

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SUMMARY

IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year

The startup’s fresh IPO bid would see it looking to raise $12 Mn to $24 Mn through a fresh issue of shares

The startup is likely to seek a valuation of at least $500 Mn and this number may go up to $1 Bn

Capillary Technologies has restarted the preparations for its IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year, sources told Inc42.

The IPO size would be…



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Capillary Technologies To File DRHP For $200 Mn IPO By June


SUMMARY

IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year

The startup’s fresh IPO bid would see it looking to raise $12 Mn to $24 Mn through a fresh issue of shares

The startup is likely to seek a valuation of at least $500 Mn and this number may go up to $1 Bn

Capillary Technologies has restarted the preparations for its IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year, sources told Inc42.

The IPO size would be…



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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