MUMBAI: Tridhya Tech, the IPO-directed Ahmedabad-based enterprise software development and e-commerce platform solutions provider, has raised Rs.6 crore from two companies managed by the Craft Emerging Market Fund.
The company is aiming to raise Rs. 26.4 crore at a price of Rs. 42 per share through the IPO. The IPO, which began June 30, will close on July 5. The company’s shares will be listed on NSE’s Emerge platform.
Of the total amount raised through the IPO, 17 crore rupees will be used to repay loans. The remainder will be used for other corporate purposes, the offer document said.
Post-issuance, the promoters will own 74% of the company, with the remainder held by non-promoting shareholders.
Tridhya Tech has over 300 customers from industries such as BFSI, retail and e-commerce, transport and logistics, and real estate, it said. The company offers its customers turnkey consulting services.
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