FirstMeridian Business Services submits fresh DRHP papers to launch IPO
Mon, Jan 30, 2023 10:59 PM

FirstMeridian Business Services submits fresh DRHP papers to launch IPO

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FirstMeridian Business Services Limited has refiled its Draft Red Herring Prospectus (DRHP) with Sebi after it decreased its initial public offering (IPO) size to ₹740 crore from ₹800 crore planned earlier. Currently, the staffing company's maiden issue consists of fresh issuance of equity shares worth ₹500 crore and an Offer For Sale (OFS) of ₹690 crore.

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