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SaaS firm Capillary Technologies India has filed preliminary papers with markets regulator Sebi to seek approval to raise funds through an initial public offering (IPO).
The IPO comprises a fresh issue of shares worth Rs 430 crore and an offer for sale (OFS) of 1.83 crore shares by existing shareholders, according to the draft red herring prospectus (DRHP) on Wednesday.
Those selling shares in the OFS include Capillary Technologies International Pte Ltd, Ronal Holdings LLC, Trudy Holdings, and Filter Capital India Fund I.
Proceeds from its fresh…
