The Flextronics International-backed human resources and finance software company plans to list ,after having raised about $265m in its history.
Workday, a US-based provider of online human resource and finance software services backed by technology company Flextronics International, plans to raise $400m in its local flotation.
Investment banks Morgan Stanley and Goldman Sachs are serving as lead underwriters of Workday’s initial public offering on an undisclosed US stock exchange.
Workday posted a $46m net loss for the first six months of this year on $119.5m in revenue, compared to a $36m net loss on nearly $55m in revenue for the…