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Online Instruments India files IPO draft aiming raise Rs 750 crore including promoter selloff
Business
Published on 11 May 2026
Promoters will sell shares alongside the fresh issue
Online Instruments (India) has filed draft IPO papers with SEBI for a public issue that includes a fresh raise of up to Rs 750 crore plus an offer for sale of 57.1 lakh shares by promoters. The Bengaluru-based company says funds will go toward debt repayment, working capital, acquisitions, and other corporate needs, with Rs 160 crore specifically earmarked to repay debt.
- SEBI draft filed for an IPO with up to Rs 750 crore fresh issue
- Promoters plan an OFS of 57.1 lakh shares
- Planned use of proceeds includes debt repayment, working capital and acquisitions
- Rs 160 crore reserved for repaying debt
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times