Inspira Enterprise files draft document with SEBI for IPO
IT solutions provider Inspira Enterprise India has filed draft documents with market regulator SEBI to raise Rs 800 crore through initial public offering (IPO).
According to the documents (DRHP), the IPO will involve issue of fresh shares worth Rs 300 crore and also an offer for sale (OFS) of equity shares worth Rs 500 crore by Prakash Jain, Manjula Jain Family Trust and Prakash Jain Family Trust.
As a part of the OFS, Prakash Jain will sell equity shares up to Rs 131.08 crore, Manjula Jain Family Trust will sell up to Rs 91.77 crore and Prakash Jain Family Trust will sell shares up to Rs 277.15 crore.
The offer will also include reservation of shares for the employees of the company.
