OfBusiness Set To File DRHP For $800 Mn IPO By Mid-November

by · Inc42

SUMMARY

  • OfBusiness is reviving its IPO plans and could raise up to $800 Mn via a public listing
  • The ecommerce unicorn has been eyeing to go ahead with its public listing for some time, converting into a public limited company in late 2024
  • OfBusiness may file its DRHP by November, with a fresh issue of up to $260 Mn and the remainder comprising of an offer for sale component by its existing investors