SaaS-based enrolment automation solution provider NoPaperForms has filed preliminary papers with markets regulator SEBI via a confidential route for raising funds through an initial public offering (IPO).

In a public announcement on Saturday, the company said it has filed "the pre-filed draft red herring prospectus with Sebi and the stock exchanges…in relation to the proposed initial public offering of its equity shares on the main-board of the stock exchanges".

Founded in 2017 by Naveen Goyal and funded by Infoedge, NoPaperForms aims to build a unified, vertically-focused technology platform covering the whole spectrum of running an educational organization from student acquisition, student lifecycle, to student success and outcomes.

Currently, the company supports over 1,000 customers

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