The Rs 475.48 crore IPO comprised an offer for sale (OFS) of 1.38 crore shares. Since the issue was entirely an OFS, the company will not receive any proceeds from the offering. Instead, the proceeds will go to the existing shareholders selling their stakes.
The Rs 475.48 crore IPO comprised an offer for sale (OFS) of 1.38 crore shares. Since the issue was entirely an OFS, the company will not receive any proceeds from the offering. Instead, the proceeds will go to the existing shareholders selling their stakes.
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