OfBusiness Sets The IPO Ball Rolling, Onboards Five Banks

by · Inc42

SUMMARY

  • OfBusiness has appointed Axis Capital, Morgan Stanley, JPMorgan, Citigroup and Bank of America for its planned IPO
  • The B2B marketplace aims to raise up to $1 Bn through the IPO, with $200 Mn as fresh issue
  • The company reported INR 603 Cr profit in FY24 on revenue of INR 19,296.3 Cr