initial public offer (IPO)
Between FY19 and FY21, GEFIL revenue from operations has grown at a CAGR of 19.6 per cent and gross profit margin has almost doubled.
The total IPO size is Rs 9,375 crore, comprising a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge (India) Ltd, Zomato said.
The Noida-based firm, which had an astonishing rise after demonetisation in 2016, is betting on financial services, commerce and payments as three key focus areas.
This also marks the highest fund-raising through IPOs in last three years.
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