Neilsoft Refiles Draft Papers With Sebi

New Delhi: Fujita Corporation-backed Neilsoft Ltd has refiled its draft papers with markets regulator Sebi to raise funds through an IPO. The IPO will have a combination of a fresh issue of shares worth Rs 90 crore and an OFS of 80 lakh shares by promoters and existing shareholders, according to the DRHP filed on Monday. The company has reduced its fresh issue size from Rs 100 crore planned at the time of filing draft papers in December 2024. The regulator had returned these preliminary papers in March this year. Neilsoft, a technology-driven engineering services and solutions company, plans to use Rs 69.63 crore to fund capital expenditure and the rest for general corporate purposes.