Earlier, the company filed its DRHP in September 2024. IPO, with a face value of Rs 10 per share, Rs. There is a mix of new issues up to Rs 250 crore and the promoter and other selling shareholders will pay Rs. Sales of up to 1,250 crore (OFS) are offered.
Offer for sale includes promoters for selling shareholders Sujai Paturu and Anil Reddy Yermerdy, which cost Rs. 726.30 crore and Rs. It plans to sell 370.60 crore shares. In addition, Srinivasu Rao Sandka and other shareholders will sell shares up to Rs 153.10 crore.
The company can consider IPO placement up to Rs 50 crore, consulting with the lead manager running a book.
The income from the new issue will be used in one of its material subsidiaries, in MT USA, for payment/pre -payment, full or partly., Including some of the remaining borrowed and uncontrolled acquisitions made by the company and funding unnecessary growth by general corporate purposes, including funding.
This offer is being done by the fur book-building process, in which no more than 50% of the net offer fur is not allotted to the eligible institutional buyers, and not less than 15% and 35% of the net offer fur, not to non-established investors and retail personal investors.
Nuwama Wealth Management Limited, ICICI Securities Limited and JM Financial Limited are lead managers running the book, and MUFG Intime India Private Limited is the Registrar of this issue. Equity stocks are proposed to be listed on the National Stock Exchange of India and BSE.
Maury Tech is an IT solutions and services company, which delivers services with the “AI first” approach and focuses on end-to-end capabilities in intelligent enterprise resource planning (“IERP”) and enterprise digital transformation.
It operates in four practice fields: IERP, enterprise digital transformation, infrastructure services and program management.
The company’s portfolio includes in-house developed digital properties that include industry, business processes and technical skills, and are classified into more templates, acceleration, frameworks, tools, products, process maps, best efforts, display metrics, industry solutions and methods.
In the nine months ended December 31, 2024, he received 119 new customers.
Maury Tech serves customers who work in industries such as professional services, energy zones and utilities, non-beneficial and public sector, professional services, hospitality, media and entertainment, production, life-threatening .N, logistics and transportation and have presence in USA, Europe, Middle East and Africa (“EMEA” and India.
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Locally, it is located in Hyderabad (Telangana), Bengaluru (Karnataka), Chennai (Tamil Nadu), Visakhapatnam (Andhra Pradesh), Kolhapur (Maharashtra) and Indore (Madhya Pradesh). Internationally, it is in the Irving (Texas) and Fremont (California) in Canada, and in Singapore, South Africa, Germany, United Kingdom, Philippines, Australia Strallia, and in the USA, Scarboro (NT Natario) in the UAE.
Mori Tech Limited had an employee of 2,983 people by December 31, 2024. He ranks 18th among the top 100 best companies for working in India by the Work Institute in 2023. As of December 31, 2024, Mauri Tech had 554 active customer accounts.
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