Workspace solutions provider Awfis Space files DRHP for IPO
The IPO comprises a fresh issue of up to Rs 160 crore and an offer for sale of up to 1 crore equity shares. Under the OFS, Peak XV Partners will sell 50 lakh shares, Bisque Ltd will offload 49 lakh shares and Link Investment Trust will give up 75,174 shares. The company proposes to utilise the net proceeds from the offer towards funding capital expenditure towards the establishment of new centers, working capital requirements, and general corporate purposes.
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