OTT platform Ullu Digital has reportedly filed draft papers with the Bombay Stock Exchange SME to raise funds through an initial public offering (IPO).

Reports citing sources say the company is eyeing Rs 135-150 crore through the IPO. If approved, it will be the biggest SME IPO size-wise, beating Spectrum Talent Management offer which raised Rs 105 crore in the same segment.

According to reports citing the draft papers, the company's IPO has a fresh issue of 62.63 lakh shares.

The OTT platform Ullu was founded by Vibhu Agarwal, who also owns Atrangii.