NoPaperForms IPO: Company Files Confidential IPO Papers With SEBI

New Delhi, November 10: NoPaperForms has announced that it has filed its draft papers for an Initial Public Offering (IPO) with the Securities and Exchange Board of India (SEBI) through the confidential pre-filing route, signalling its intention to launch the NoPaperForms IPO.

NoPaperForms is an Indian Software-as-a-Service (SaaS) company that provides a “Unified Technology Platform” for the education sector. It was established in 2017, and is headquartered in New Delhi.

Key Information About NoPaperForms

The company was founded by Naveen Goyal and is backed by Info Edge. Currently, the company provides its services to over 1,000 customers in countries such as India, the UAE, and Southeast Asia. NoPaperForms offers two key products called Meritto and Collexo. Meritto is an operating system that helps with student enrollment. On the other hand, Collexo is an operating system that operates as a full-stack payment platform.

IPO Flexibility Through the Confidential Pre-filing Route

The confidential pre-filing route will allow NoPaperForms to protect its IPO information by delaying the announcement of key information to the general public. With this, NoPaperForms joins the list of companies such as Shadowfax Technologies, Shiprocket, Tata Capital, PhysicsWallah, and Imagine Marketing to have utilised the confidential route for its IPO.

Investors will now wait for more information about the company and key factors related to the NoPaperForms IPO.

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