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IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issue

Paramotor Digital Technology filed updated draft papers with Sebi for Rs 1,000 crore IPO.

What happened: Paramotor Digital Technology filed updated draft papers with Sebi for a Rs 1,000 crore IPO, comprising a fresh issue of up to Rs 698 crore and an offer for sale of up to Rs 302 crore. Key numbers: Fresh issue up to Rs 698 crore. OFS up to Rs 302 crore. Promoters Sonia Pankaj Asher and Rahul Anand to sell up to Rs 151 crore each. Why it matters: The filing sets out how proceeds would fund customer acquisition, technology and office infrastructure. Rewards and Loyalty, launched in Q2 FY26, contributed 68.68% of revenue from contracts with customers.
Paramotor Digital Technology filed updated draft papers with Sebi for Rs 1,000 crore IPO.
Paramotor Digital Technology filed updated draft papers with Sebi for Rs 1,000 crore IPO. — impact context not separately stored; see What changed.
Sources