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Joining the ranks of various late-stage startups, sleep solutions company Duroflex is preparing for an initial public offering (IPO) and has taken a concrete step by converting its holding firm into a public limited entity.
The board at Duroflex passed a special resolution to change its status to a public company and rename it from “Duroflex Private Limited” to “Duroflex Limited”, according to its regulatory filing.
According to media reports, Duroflex is aiming to list on Indian stock exchanges by the end of the next calendar year (2026).
The…
