India, Aug. 14 -- AI-powered SaaS unicorn Fractal Analytics has filed its DRHP with the markets regulator SEBI for INR 4,900 Cr IPO. The company's public issue will comprise a fresh of shares worth up to INR 1,279.3 Cr and an offer-for-sale (OFS) component of up to INR 3,620.7 Cr.
As part of the OFS, PE firms Apax Partners and TPG, GLM Family Trust, Satya Kumari Remala and Rao Venkateswara Remala will offload shares.
While Apax Partners (via Quinag Bidco Ltd) will sell shares worth INR 1,462.6 Cr, TPG (via TPG Fett Holdings Pte. Ltd.) will offload shares worth INR 1,999.6 Cr. GLM Family Trust will sell shares worth INR 129 Cr, while the Remalas will offload shares to the tune of INR 29.5 Cr together.
At the time of filing the DRHP, TPG...
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