Bangalore based Acropetal Technologies Limited, an IT services organization focusing on engineering design services has filed a Draft Red Herring Prospectus with SEBI last week..Kanga & Co. are the legal advisors to the Issue. Kanga team is led by Mumbai based partner, Dhaval Vussonji. Acropetal intends to utilize the proceeds of the public offer to set up a corporate office and software development centre, and finance potential acquisitions apart from general corporate expenses.
