Great another smart company coming with OFS means bringing an IPO to encash their accumulated written off losses at Premium. They know as per SeBI new rules after 31 March things will be difficult so they will try to encash it by Feb end when markets are expected at all time high. God save the Retail Investors or the HNI having more money but less knowledge.
The gap between the DRHP date and the silence since then indicates no anchors are not buying the story or performance has worsened since then. There should be some standards for companies on mainboard IPO.
After more research, realised some good things about them: * Strong VC/PE backing * Who''s who of startup unicorn founders and Mr. Ratan Tata on board * Very good client base - pure network effect. Subscription models do very well (Bloomberg) * Solid founders with good pedigree * Need gap in the investor community - public and private sector - for good quality information and actionable insights