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HomeNewsBusinessIPOTridhya Tech files DRHP with SEBI for Rs 35 crore IPO

Tridhya Tech files DRHP with SEBI for Rs 35 crore IPO

The equity shares offered through the issue are expected to be listed on the Emerge Platform of NSE.

April 15, 2023 / 09:06 IST
Tridhya Tech looks to raise Rs 35 crore

Tridhya Tech looks to raise Rs 35 crore

Full-service Software development firm Tridhya Tech Limited, on April 14, filed a Draft Red Herring Prospectus (DRHP) with SEBI seeking Rs 35 Crore through equity shares. These shares are expected to be listed on the Emerge Platform of NSE.

The company offers turnkey consultancy and deployment support for various sectors such as e-commerce, real estate, transport, logistics, and insurance. Their project management, consultation, maintenance, and support services ensure efficient software development and deployment.

Also read: Raising money at valuations higher than what you deserve is a mistake: Paper Boat's Neeraj Kakkar

Tridhya had 162 permanent and on-call software employees as on January 31, 2023. However, the company claims to have more than 1,000 employees at the group level.

Coming to leadership, the company is run by richly experienced IT industry veterans, Ramesh Marand and Vinay Dangar, both of whom have contributed immensely to structuring the company’s vision and growth strategies.

In February, Tridhya stole the limelight for gifting expensive cars to 13 of its employees as tokens of appreciation. The company aims to continue such initiatives in order to foster positive work culture and boost talent retention and productivity.

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Moneycontrol News
first published: Apr 15, 2023 09:06 am

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