Table Space To File Draft Papers For $350 Mn IPO Next Month: Report
India, July 28 -- Managed workspace provider Table Space is reportedly preparing to file draft papers for its proposed IPO by early August.
According to a Bloomberg report, the startup is looking to raise up to $350 Mn (about Rs.3,353 Cr) from the public issue. The IPO could comprise a mix of fresh equity shares worth around Rs.1,000 Cr and an offer for sale by existing shareholders.
The startup has appointed Axis Capital, IIFL Capital Services, BofA Securities and CLSA as the book-running lead managers for the issue, the report added.
Commenting on Inc42's queries, a Table Space spokesperson said, "As a matter of policy, we do not comment on market speculation or media reports. Should there be any material development requiring disclo...
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.