Info Edge-backed NoPaperForms files updated DRHP for IPO to raise Rs 375 cr through fresh issue

NoPaperForms Solutions, which develops software-as-a-service (SaaS), embedded payments and agentic AI products for the education industry, has filed its updated draft red herring prospectus (DRHP) . The DRHP has been filed with markets regulator SEBI to raise funds through an initial public offering. The IPO comprises a fresh issue of equity shares aggregating up to Rs 375 crore and an offer for sale (OFS) of 38.42 million equity shares.