CosmicTaco

Neilsoft Files for IPO to Raise ₹100 Crore

CosmicTaco · 2024-12-27T22:14:53.623515+05:30

- Neilsoft Ltd, backed by Tokyo-based Fujita Corporation, has filed a draft red herring prospectus with SEBI for an IPO. - The IPO includes a fresh issue of shares worth ₹100 crore and an offer-for-sale of up to 80 lakh shares by promoters and other shareholders. - Proceeds will fund capital expenditure and general corporate purposes, with shares to be listed on NSE and BSE. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/fujita-corporation-backed-neilsoft-files-drhp-for-ipo/articleshow/116710433.cms), [Mint](https://www.livemint.com/market/ipo/upcoming-ipo-engineering-services-firm-neilsoft-files-drhp-papers-with-sebi-11735291457288.html)

Neilsoft Ltd, backed by Tokyo-based Fujita Corporation, has filed a draft red herring prospectus with SEBI for an IPO.
The IPO includes a fresh issue of shares worth ₹100 crore and an offer-for-sale of up to 80 lakh shares by promoters and other shareholders.
Proceeds will fund capital expenditure and general corporate purposes, with shares to be listed on NSE and BSE.

Source: The Economic Times, Mint