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Paramotor Digital files for ₹1,000-crore IPO with SEBI
Source: Hindu BusinessLine · 2 hr ago
Summary
Paramotor Digital has applied to the securities regulator for an initial public offering worth about one thousand crore rupees. The plan includes issuing new shares for roughly seven hundred crore and selling existing shares for about three hundred crore. The filing seeks approval to list the company on the stock exchange.
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From the original report
The issue will comprise a fresh issue of ₹698 crore and an offer for sale of ₹302 crore.
Excerpt from Hindu BusinessLine.
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