News From Press Nihilent files IPO papers with Sebi

Nihilent files IPO papers with Sebi

Source : Livemint/ PTI Aug 11, 2018

IT solutions firm Nihilent has filed its draft papers with market regulator Sebi to raise funds through an initial share sale. The initial public offer (IPO) comprises fresh issuance of shares worth up to ₹250 crore, besides an offer of sale OF around 21,25,599 equity stocks by promoter group entity Vastu IT Private Limited, according to the draft red herring prospectus (DRHP) filed with Sebi.

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