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

Edtech startup Imarticus Learning plans to file its DRHP with SEBI through the confidential route within the next two to three months for a ₹1,000 Cr IPO, sources told Inc42. The proposed issue size has increased from the ₹750 Cr planned earlier , which was to comprise a mix of fresh issue and an offer for sale (OFS). Imarticus intends to use proceeds from the IPO to expand its existing business and pursue acquisitions, the sources added.