Exclusive: Imarticus Eyes Confidential Filing In 2-3 Months For ₹1,000 Cr IPO

Imarticus Learning plans to file its DRHP with SEBI confidentially within two to three months for a ₹1,000 Cr IPO, up from the ₹750 Cr issue planned earlier. Proceeds would fund acquisitions, new Centres of Excellence, school expansion and its B2B business. The plan follows its ₹800 Cr acquisition of Singapore's BELLS Institute of Higher Learning. Inc42 has sought comment from the company.

Source: Inc42 ↗