IndiQube files RHP for Rs 700 Cr IPO; issue opens on 23rd July

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Managed workspace solutions provider IndiQube has filed its draft red herring prospectus (RHP) with market regulator SEBI for its proposed Rs 700 crore Initial Public Offering (IPO).

The offer consists of a fresh issue of equity shares worth Rs 650 crore and an offer for sale (OFS) of up to Rs 50 crore by co-founders Rishi Das and Meghna Agarwal, who will offload shares worth up to Rs 25 crore each.

IndiQube has trimmed its IPO size to Rs 700 crore from the earlier planned Rs 850…



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IndiQube files RHP for Rs 700 Cr IPO; issue opens on 23rd July


Managed workspace solutions provider IndiQube has filed its draft red herring prospectus (RHP) with market regulator SEBI for its proposed Rs 700 crore Initial Public Offering (IPO).

The offer consists of a fresh issue of equity shares worth Rs 650 crore and an offer for sale (OFS) of up to Rs 50 crore by co-founders Rishi Das and Meghna Agarwal, who will offload shares worth up to Rs 25 crore each.

IndiQube has trimmed its IPO size to Rs 700 crore from the earlier planned Rs 850…



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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