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Tridhya Tech Files DRHP with SEBI for Rs 35 Crore IPO

Tridhya Tech Limited filed a DRHP with SEBI on April 14, seeking Rs 35 crore through equity shares.

Full-service software development firm Tridhya Tech Limited filed a draft prospectus for Red Herring (DRHP) with SEBI on April 14, seeking Rs 35 crore through equity shares. The shares are expected to be listed on NSE’s Emerge platform.

The company provides turnkey consulting and deployment support to various industries, including e-commerce, real estate, transportation, logistics and insurance. Their project management, consulting, maintenance and support services ensure efficient software development and deployment.

As of January 31, 2023, Tridhya has 162 permanent and on-call software employees. However, the company claims to have more than 1,000 employees at the group level.

The company is led by seasoned IT industry veterans Ramesh Marand and Vinay Dangar, who have significantly contributed to building its vision and growth strategy.

In February, Tridhya stole the show by gifting expensive cars to its 13 employees as a thank-you. The company aims to continue such initiatives to foster a positive work culture and improve retention and productivity.

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