Files DRHP with Sebi
Integrated IT services company Trimax IT Infrastructure & Services has filed the Draft Red Herring Prospectus (DRHP) with the market regulator Securities & Exchange Board of Inda (Sebi) for a public issue of 1.3 crore equity shares of the face value of Rs 10 each through book building process. The issue consists of a fresh issue of 60.50 lakh shares and offer for sale of 70 lakh shares from existing shareholders.
From the existing shareholders, Aditya Birla Private Equity- Fund I, BanyanTree Growth Capital LLC, Pratik Technologies, Shrey Technologies, ZP II Trimax Co-Investment Trust and ZPII Trimax are selling a total 70 lakh shares combined.
The company proposes to use the proceeds from the fresh issue of shares for procurement of hardware, software and other equipment and for general corporate purposes.
Trimax IT Infrastructure & Services provides a wide range of IT solutions and services, including IT infrastructure services and turnkey solutions, data centre services and cloud computing services.
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