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Infurnia Technologies, creator of cloud-native architecture design software, has announced plans to raise Rs 40 Crore in IPO on BSE Startup Platform at Rs 150 Crore valuation by mid-2022.

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Sales rise 51.40% to Rs 383.56 crore

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Revenues for the quarter were $221.6 million and Rs1,658.1cr, up 37.8% yoy in USD terms and 39.3% yoy in INR terms.

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Nava Bharat Ventures rose 7.38% to Rs 128 after the companys consolidated net profit rose 42.31% to Rs 168.55 crore on a 43.90% increase in net sales to Rs 949.91 crore in Q3 December 2021 over Q3 December 2020.

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