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NoPaperForms updates IPO papers, targets Rs 375 crore fresh issue
Gurugram-based education SaaS and payments firm NoPaperForms filed updated IPO papers for a fresh issue of up to Rs 375 crore plus a 3.84 crore-share OFS. Proceeds will fund customer acquisition, technology, cloud infrastructure, acquisitions and general corporate purposes.
- Fresh issue size
- up to ₹375 crore
- Offer for sale
- 3.84 crore equity shares
Reported figures
From the report. Source details below
| Student enquiries: | 14.88 crore in FY2026 versus 8.95 crore in FY2024 |
|---|---|
| Student enquiry CAGR: | 29% |
| Personalised communications: | 186 crore versus 132 crore |