Yaap Digital files DRHP with NSE Emerge

Yaap Digital Limited has filed its Draft Red Herring Prospectus (DRHP) to NSE Emerge, outlining plans for an Initial Public Offering (IPO) that will involve a fresh issue of up to 66 lakh equity shares, each priced at a face value of Rs 10, through the book-building process.

As outlined in the DRHP, Yaap Digital plans to use the IPO proceeds to support its growth and future plans. Around Rs 34 crore is expected to go toward a partial payment for the proposed acquisition of GoZoop Online Private Limited. The company has also allocated Rs 4.01 crore to establish a short-form content production hub powered by AI, while Rs 16 crore is set aside to meet rising working capital requirements.

The rest of the funds will be used for potential future acquisitions, day-to-day business needs, and costs associated with the public offering.

Yaap Digital posted a strong financial performance in FY 2025, with revenue from operations reaching Rs 152.54 crore—up from Rs 112.55 crore in the previous fiscal year. Profit after tax also rose sharply, increasing to Rs 11.93 crore from Rs 2.51 crore in FY 2024.