India, Aug. 13 -- Table Space has become the latest company to file its draft red herring prospectus (DRHP), bringing the managed workspace operator one step closer to a public listing after a delay of more than a year from its original IPO timeline.

The Bengaluru-based startup has proposed a fresh issue of up to Rs.800 Cr and an offer for sale (OFS) of up to 6.55 Cr shares by existing shareholders. The startup has also kept an option to raise up to Rs.160 Cr via a pre-IPO placement, which would be adjusted against the fresh issue.

The IPO plans were first reported in 2024, when Table Space was said to be targeting a filing by April 2025 at a valuation of around $2.5 Bn.

That timeline was impacted by the unfortunate demise of the found...