As per the initial prospectus submitted with SEBI, ixigo's IPO would comprise a fresh issue of Rs 750 crore and an offer for sale (OFS) to the tune of Rs 850 crore by existing stakeholders
The company, a leading Kolkata-based FMCG firm with interests in packaged, dairy and fresh food products, plans to retire debt and fund incremental capital expenditure requirements via IPO
“In the forthcoming years, Sebi will be implementing major information technology (IT) projects, which are critical to its day-to-day operations and its mandate,” the capital market regulator said in its annual report for 2020-21.