IPO-Bound NoPaperForms Converts Into Public Entity

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SUMMARY

The company’s shareholders approved the conversion at the end of May

The SaaS startup, which is popularly known as Meritto, began its preparations for listing on the exchanges around two months ago

Its public issue is expected to be of INR 500 Cr to INR 600 Cr and value the startup at around INR 2,000 Cr

Amid the new-age tech IPO fervour, Info Edge-backed Nopaperforms has converted into a public entity. 

As per its regulatory filings accessed by Inc42, the company’s board approved the conversion during its…



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IPO-Bound NoPaperForms Converts Into Public Entity


SUMMARY

The company’s shareholders approved the conversion at the end of May

The SaaS startup, which is popularly known as Meritto, began its preparations for listing on the exchanges around two months ago

Its public issue is expected to be of INR 500 Cr to INR 600 Cr and value the startup at around INR 2,000 Cr

Amid the new-age tech IPO fervour, Info Edge-backed Nopaperforms has converted into a public entity. 

As per its regulatory filings accessed by Inc42, the company’s board approved the conversion during its…



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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