Paramotor Digital Technology Files Updated Draft Papers for Rs 1,000 Crore IPO
Paramotor Digital Technology has filed updated draft papers with the Securities and Exchange Board of India for a Rs 1,000 crore initial public offering, advancing plans to tap public markets for growth capital. The issue comprises a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore, with proceeds earmarked mainly for customer acquisition, technology development and business expansion.
