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Online Instruments files IPO papers with SEBI; targets to raise ₹750 crore via fresh issue

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Online Instruments files IPO papers with SEBI; targets to raise ₹750 crore via fresh issue

Online Instruments (India) Ltd has filed preliminary papers with capital markets regulator SEBI to raise funds through an Initial Public Offering (IPO) comprising Rs 750 crore through fresh issue. Apart from fresh issues, there will be an Offer For Sale (OFS) of up to 57.10 lakh equity shares by promoters Anita Mahesh Bellad and Rajeshwari Shivanand Mahashetti, according to the…

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