The proposed IPO is entirely an Offer For Sale (OFS) of shares by promoter Kedaara Capital-led Samayat Services LLP, with no fresh issue component, according to the Updated Draft Red Herring ...
The promoters and the external investor Kedaara Capital which owns 6.5% since 2019 will sell 20.18 million shares of Re 1 face value thorough the offer for sale. While Kedaara will exit the ...