VERIFIEDET Markets·11 May 2026neutral

Online Instruments (India) files IPO papers, eyes raising Rs 750 crore from fresh issue

AI Summary

·Online Instruments (India) has filed draft papers with Sebi for an IPO.
·The IPO comprises a fresh issue of up to Rs 750 crore and an offer for sale (OFS) of 57.1 lakh shares by promoters.
·Rs 160 crore from the IPO proceeds is earmarked for debt repayment.