Workplace solutions company, IndiQube, is expected to file its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchange Board of India (Sebi), next week, for an initial public offering (IPO) to raise ₹800 crore, said two people familiar with the development.
Bengaluru-based IndiQube's IPO will comprise a fresh issue as well as an offer for sale by the promoters.
"The fresh issue component is expected to be around ₹700 crore, while the promoters are expected to have a small offer for sale (OFS) component of around ₹100 crore," said one of the persons mentioned above, asking not to be named.
This story is from the December 14, 2024 edition of Mint Mumbai.
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This story is from the December 14, 2024 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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