The Gurugram-based firm had filed its preliminary IPO papers in February, with a proposal comprising a problem of contemporary shares price INR 120 crore and a proposal on the market (OFS) of 66.67 million shares by its present shareholders. The promoting shareholders included Elevation Capital (earlier Saif Companions), Peak XV Companions, and founders Aloke Bajpai and Rajnish Kumar, as per the draft crimson herring prospectus (DRHP).