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Mouri Tech refiles ₹1,500 Cr IPO draft

By tanvi  | May 8, 2025

Mouri Tech refiles ₹1,500 Cr IPO draft

Mouri Tech has refiled its draft papers with SEBI for a ₹1,500 crore IPO.

The deets: Mouri Tech offers “AI-first” IT services helping big businesses go digital, automate workflows, and manage things like cloud infra and smart ERP systems. It operates across four core areas including iERP, enterprise digital transformation, infra services, and project management.

The company plans to raise ₹250 crore by issuing new shares, while promoters and a selling shareholder will offload stock worth ₹1,250 crore.

The why: Mouri will use part of the funds to pay off debt through its U.S. arm (MT USA).

Background: this isn’t the first time Mouri tried to hit the bourses, it filed for an IPO in September 2024, but quietly pulled it in December with no explanation.

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