Intellius Recode files draft IPO papers with Sebi; plans to raise Rs 117 cr from fresh issue
Published on: March 29, 2026, 3:29 p.m. | Source: Daily Excelsior
NEW DELHI, Mar 29: Intellius Recode Ltd has filed preliminary papers with the markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating Rs 117 crore and an offer for sale (OFS) of up to 12.9 lakh equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). The company intends to utilise the net proceeds from the fresh issue towards funding the development of […]
