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Ciel HR Services Secures Anchor Investors Ahead of IPO
Ciel HR Services has attracted around ₹30 crore in anchor investor commitments from Zoho Pegasus and others ahead of its IPO, showing institutional interest.
Ahead of its upcoming initial public offering, Ciel HR Services has secured commitments from anchor investors including Zoho Pegasus and other prominent backers, amounting to approximately ₹30 crore in pre IPO share purchases. This anchor support indicates strong institutional interest and provides confidence ahead of the public subscription. Market analysts say such anchor participation often sets a positive tone for IPO performance and signals confidence in the company’s HR services growth outlook. Ciel HR Services offers a range of human resources solutions, including recruitment, payroll, and compliance services.