Neilsoft Aims To Raise Funds Via IPO

New Delhi: Neilsoft, a technology-driven engineering services and solutions company, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Pune-headquartered company’s IPO is a combination of a fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 80 lakh shares by promoters and other selling share-holders, according to the draft red herring prospectus (DRHP) filed on Thursday.