India, Feb. 26 -- Managed office space provider Table Space's board has approved the raise of INR 200 Cr via private placement ahead of its IPO during an extraordinary general meeting (EGM) convened earlier in January. As per MCA filings accessed by Inc42, the pre-IPO fundraise of INR 200 Cr would be 20% of the size of the fresh issue.
While Table Space's IPO may comprise a fresh issue of INR 1,000 Cr, the IPO will also consist of an offer for sale (OFS) element. The startup's board and shareholders gave their consent to the IPO back in July 2025.
Inc42 reported the startup's bid to undertake a public listing in August 2025, when it converted to a public entity. It had also approved the appointments of three new independent directors - ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.