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.
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