CosmicTaco

Info Edge-Backed NoPaperForms Preps For IPO

CosmicTaco · 2025-03-06T10:36:01.542821+05:30

- NoPaperForms has appointed IIFL Capital and SBI Capital for its IPO. - The IPO aims to raise between INR 500 Cr to INR 600 Cr, valuing the company at INR 2000 Cr. - Info Edge, holding a 48% stake, is unlikely to sell its shares during the IPO. - Founded in 2017, NoPaperForms offers enrollment and fee collection solutions under Meritto and Collexo brands. - The company serves over 1200 educational institutions and has expanded to UAE and Malaysia. Source: [Inc42](https://inc42.com/buzz/info-edge-backed-nopaperforms-sets-the-ipo-ball-rolling-appoints-bankers/)

NoPaperForms has appointed IIFL Capital and SBI Capital for its IPO.
The IPO aims to raise between INR 500 Cr to INR 600 Cr, valuing the company at INR 2000 Cr.
Info Edge, holding a 48% stake, is unlikely to sell its shares during the IPO.
Founded in 2017, NoPaperForms offers enrollment and fee collection solutions under Meritto and Collexo brands.
The company serves over 1200 educational institutions and has expanded to UAE and Malaysia.

Source: Inc42