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The Economic Times
The Economic Times
Kumar Gaurav

Tablespace technologies files draft papers with Sebi to raise funds through IPO

IPO OFS DRHP

Bengaluru-headquartered managed workspace solutions provider Tablespace Technologies is moving closer to going public after filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

According to the DRHP, the proposed IPO comprises a fresh issue of equity shares aggregating up to ₹800 crore and an offer for sale (OFS) of up to 65,475,432 equity shares with a face value of ₹1 each.

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