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ixigo receives Sebi clearance for IPO
The Gurugram-based company had filed its initial IPO papers in February, with a proposal comprising an issue of fresh shares worth INR 120 crore and an offer for sale (OFS) of 66.67 million shares by its existing shareholders. The selling shareholders included Elevation Capital (earlier Saif Partners), Peak XV Partners, and founders Aloke Bajpai and Rajnish Kumar, as per the draft red herring prospectus (DRHP).
The Gurugram-based company had filed its initial IPO papers in February, with a proposal comprising an issue of fresh shares worth INR 120 crore and an offer for sale (OFS) of 66.67 million shares by its existing shareholders. The selling shareholders included Elevation Capital (earlier Saif Partners), Peak XV Partners, and founders Aloke Bajpai and Rajnish Kumar, as per the draft red herring prospectus (DRHP).
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