NoPaperForms DRHP: A Look At Shareholding Pattern & Key Executives

Education-focused SaaS platform Meritto’s parent NoPaperForms filed its updated draft IPO papers with market regulator SEBI for a proposed public issue comprising a fresh issue of shares worth up to ₹375 Cr and an offer for sale (OFS) component of up to 3.8 Cr equity shares. Investor Info Edge will be the only one to participate in the OFS via its holding arm Startup Investments (Holding) Ltd, which holds a 47.93% stake in the SaaS startup on a fully-diluted basis.