CIEL HR Services files draft IPO papers with Sebi; eyes Rs 335-crore via fresh issue

CIEL HR Services Ltd, a technology-driven HR solutions provider, has filed for an IPO to raise funds. The IPO comprises a fresh issue of equity shares and an offer for sale by existing shareholders. The company plans to use the proceeds for acquisitions, working capital, and expansion of its subsidiaries.

CIEL HR Services files draft IPO papers with Sebi; eyes Rs 335-crore via fresh issue

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CIEL HR Services Ltd, a technology-driven HR solutions provider, has filed for an IPO to raise funds. The IPO comprises a fresh issue of equity shares and an offer for sale by existing shareholders. The company plans to use the proceeds for acquisitions, working capital, and expansion of its subsidiaries.