{"id":247249,"date":"2026-05-17T06:43:00","date_gmt":"2026-05-17T10:43:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/17\/paramotor-digital-technology-files-confidential-draft-papers-with-sebi-for-ipo\/"},"modified":"2026-05-17T07:00:07","modified_gmt":"2026-05-17T11:00:07","slug":"paramotor-digital-technology-files-confidential-draft-papers-with-sebi-for-ipo","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/17\/paramotor-digital-technology-files-confidential-draft-papers-with-sebi-for-ipo\/","title":{"rendered":"Paramotor Digital Technology Files Confidential Draft Papers With SEBI For IPO"},"content":{"rendered":"

Paramotor Digital Technology Files Confidential Draft Papers With SEBI For IPO<\/a><\/p>\n

https:\/\/www.ndtvprofit.com\/markets\/paramotor-digital-technology-files-confidential-draft-papers-with-sebi-for-ipo-11507780<\/a><\/p>\n

Publish Date: 2026-05-17 06:43:00<\/a><\/p>\n

Source Domain: www.ndtvprofit.com<\/a><\/p>\n

Fintech and enterprise technology firm Paramotor Digital Technology Ltd. has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO), according to a public notice issued by the company.<\/p>\n

The company submitted its draft papers under Sebi’s pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.<\/p>\n

This route has been increasingly favoured by companies seeking more flexibility in their IPO preparations and responding to market conditions before a public filing.<\/p>\n

In a public notice, Paramotor said it has filed “the pre-filed draft red herring prospectus with Sebi and the stock exchanges… in relation to the proposed initial public offering of its equity shares on the main-board of the stock exchanges”.<\/p>\n

According to sources, Motilal Oswal Investment Advisors and Equirus Capital are the book-running lead managers to the issue.<\/p>\n

Incorporated in 2016, Paramotor Digital Technology operates a diversified technology platform catering to both consumers and enterprises across India. Its business spans consumer spend management, rewards and loyalty solutions, digital gifting and enterprise technology services.<\/p>\n

ALSO READ:\u00a0Skechers, Ray-Ban Retailer Gaurik Fashions Files Draft Papers With SEBI For IPO<\/strong><\/p>\n

Paramotor’s portfolio includes SpendPro, a prepaid card-based spend management platform; RewardOn, an enterprise rewards and loyalty management solution; yayyy.shop, a direct-to-consumer digital gifting marketplace; and DevStack, its enterprise technology and software development services vertical.<\/p>\n

The company’s asset-light, technology-driven business model positions it to benefit from increasing digital adoption in consumer spending, enterprise engagement and business process digitisation.<\/p>\n

Its yayyy.shop platform offers consumers…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Paramotor Digital Technology Files Confidential Draft Papers With SEBI For IPO https:\/\/www.ndtvprofit.com\/markets\/paramotor-digital-technology-files-confidential-draft-papers-with-sebi-for-ipo-11507780 Publish Date: 2026-05-17…<\/p>\n","protected":false},"author":1,"featured_media":247250,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/c.ndtvimg.com\/2026-05\/660ub95_paramotor-ipo-_625x300_17_May_26.jpg?im=FitAndFill,algorithm=dnn,width=1080,height=607","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-247249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/247249"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=247249"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/247249\/revisions"}],"predecessor-version":[{"id":247251,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/247249\/revisions\/247251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/247250"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=247249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=247249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=247249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}