Mumbai-based Anarock Property Consultants filed its Draft Red Herring Prospectus with SEBI for an initial public offering to raise ₹1,000 crore.
The IPO comprises a fresh issue of up to ₹550 crore and an offer for sale of up to ₹450 crore by promoters and investors.
The company plans to deploy ₹120 crore across AI augmentation and technology solutions for its transaction advisory and subsidiary businesses.