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IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issue

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Core Development: IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issue
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Market & Financial Impact: Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the proceeds primarily for customer acquisition, technology development and business expansion.
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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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