Protean eGov, Capillary Tech, Campus Activewear file for IPOs
2 years, 11 months ago

Protean eGov, Capillary Tech, Campus Activewear file for IPOs

Live Mint  

Several companies, including Protean eGov Technologies Ltd, travel tech firm TBO Tek Ltd, footwear maker Campus Activewear and software-as-a-service company Capillary Tech India Ltd, filed their draft share sale papers over the weekend with the markets regulator, joining a long queue of companies that are hoping to go public. The Protean eGov IPO, formerly known as NSDL E-Governance Infrastructure Ltd, is an offer for sale by existing company investors, including IIFL Special Opportunities Fund, NSE Investments Ltd, Axis Bank and Deutsche Bank, among others. “We simplify the business of travel for suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail and others, and buyers that include, retail buyers such as travel agencies and independent travel advisors ; and enterprise buyers that include tour operators, travel management companies, online travel companies, super-apps and loyalty apps through our two-sided technology platform that enables suppliers and buyers to transact seamlessly with each other,” TBO Tek said in its draft papers. SaaS technology company Capillary Technologies India Ltd plans to raise ₹850 crore in its share sale.

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