India, Oct. 14 -- The IPO is a 100% book-built mainboard offer of Rs. 702 crore, made up of a Rs. 500 crore fresh issue and a Rs. 202 crore offer for sale by promoter selling shareholders PNS Business Private Limited and Rasish Consultants Private Limited. Shares carry a face value of Rs. 1, and the price band is Rs. 275 to Rs. 289. The company trimmed the issue from the Rs. 1,000 crore it proposed in its May 2025 draft filing. Retail investors must bid for at least 51 shares, or Rs. 14,739 at the upper band.

Money from the fresh issue will mainly go towards repaying or prepaying borrowings, funding technology infrastructure upgrades and global delivery centre expansion, plus general corporate purposes. One report says Rs. 275 crore is ...