CarDekho Parent Girnar Software Eyes IPO with Rs 3,000 Crore Target
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- Girnar Software, the parent company of auto-tech platform CarDekho, is preparing to file draft papers for an IPO in Q3, aiming for an issue size of up to Rs 3,000 crore.
- The offering will primarily be an OFS, with a small fresh issue component, targeting a valuation of Rs 13,000 crore.
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Girnar Software, the parent company of auto-tech platform CarDekho, is preparing for an Initial Public Offering (IPO).
Auto-tech platform CarDekho's parent Girnar Software is preparing to file draft papers for an initial public offering (IPO) in the July-September quarter, targeting an issue size of up to Rs 3,000 crore, said people aware of the matter. The IPO is expected to be largely an offer for sale (OFS) by existing shareholders, with a fresh issue of about Rs 300 crore. The Jaipur-based company is eyeing a valuation of around Rs 13,000 crore as per early
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Girnar Software will file draft IPO papers in Q3.
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أسئلة مفتوحة
- Specific date for IPO filing?
- Details of existing shareholders offering shares?
- Breakdown of fresh issue funds?