HomeBusinessVinsys IT Files DRHP with NSE Emerge, Attracts Marquee Investors for Pre-IPO Round

Vinsys IT Files DRHP with NSE Emerge, Attracts Marquee Investors for Pre-IPO Round

IT Training and Services Firm Vinsys IT Plans to Offer 3.89 million Equity Shares at Rs 10 each in Book-Building Process

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Vinsys IT Services India Limited (Vinsys IT), one of India’s leading corporate training and software services firms, has announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge.

The company aims to offer 3.89 million equity shares at Rs 10/- each through a book-building process.

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The move comes as Vinsys IT seeks to meet working capital requirements, repay loans to subsidiaries, and pursue general corporate purposes.

The filing of the DRHP represents a significant milestone for Vinsys, which began as a specialized training center and has grown to become India’s second-largest corporate training firm with over 326 customized courses across 17 domains, including BFSI, telecom, and government departments.

The company boasts a team of professionals certified by major tech companies and is recognized as a trusted partner by industry leaders worldwide.

In addition to its training services, Vinsys IT also provides a comprehensive suite of software services, including ERP solutions, DevOps practices, architectural consulting, integration, and middleware services. The company’s global presence spans over 30 countries, with strong operations in India, the USA, and the UAE, and a significant presence in Saudi Arabia, Oman, Qatar, Australia, Kenya, Tanzania, Singapore, and Malaysia.

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The pre-IPO funding round has attracted marquee investors, including overseas funds such as NAV Capital Emerging Star Fund and xMultiplied, as well as from domestic players like Nova Global Opportunities Fund, Aegis Investment Fund, and Sambhavnath Investments.

Expressing confidence in the company, Vineet Arora, Managing Director of NAV Capital Limited, said, “Backed by strong Management and Promoters, we believe Vinsys is an Indian multinational in the making with offices spread across the globe. Being an early-stage investor in such quality Indian companies aspiring to dominate the global stage, we at NAV Capital are driven to create a substantial capital appreciation for our investors.”

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“The global expansion agenda of Vinsys is a massive opportunity, and we are thrilled to participate in its story of creating value in the future. At xMultiplied, we take great pride in backing industry-leading management teams with a proven track record of delivery,” Nikhil Chawla, Co-founder of xMultiplied further added.

Vinsys IT’s decision to go public through the NSE Emerge platform reflects its ambition to further strengthen its position in the market and leverage the growing demand for corporate training and software services.

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
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