The firm’s parent company, Macobs Technologies, filed its draft red herring prospectus (DRHP) with SEBI in January this year, according to media reports. Menhood’s IPO is set to open on July 16 and will close on July 19
Read MoreThe IPO includes a fresh issue of equity shares worth Rs 1,000 crore and an offer for sale (OFS) of up to Rs 2,500 crore by existing shareholders
Read MoreThe company has now amassed over USD 1 billion in equity and debt, with its latest valuation at USD 5.5 billion
Read MoreAs part of the share sale, the co-founders, Rajnish Kumar and Aloke Bajpai, are selling 1.19 crore shares each. Other investors such as SAIF Partners India, Peak XV Partners, Micromax Informatics, Placid Holdings and Madison plan to exit partially
Read MoreThis marks a 24 per cent rise from Baron's previous valuation of USD 12.2 billion as of March 31
Read MoreSwiggy is taking advantage of a new filing route introduced by Sebi in 2022, which allows preliminary details to be kept confidential
Read More