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FirstMeridian Business Services, India’s third-largest staffing company, has filed its draft red herring prospectus (DRHP) with market regulator Sebi for a Rs 800-crore IPO.
The Bangalore-based HR services platform plans to raise Rs 50 crore in fresh capital through the IPO. The remaining Rs 750 crore will be an offer for sale by existing shareholders. Incorporated in 2018, FirstMeridian provides a wide range of service offerings including general staffing by offering contract staffing solutions, workforce automation solutions and trade marketing solutions, global technology solutions and other HR services, including permanent recruitment, recruitment process outsourcing.
The company has a
The Bangalore-based HR services platform plans to raise Rs 50 crore in fresh capital through the IPO. The remaining Rs 750 crore will be an offer for sale by existing shareholders. Incorporated in 2018, FirstMeridian provides a wide range of service offerings including general staffing by offering contract staffing solutions, workforce automation solutions and trade marketing solutions, global technology solutions and other HR services, including permanent recruitment, recruitment process outsourcing.
The company has a
