Diabytes
DRHP News
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The IPO comprises a fresh issue of equity shares worth Rs 600 crore.
The net proceeds of the fresh issue will be used for establishing 25 new stores.
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Signature Global is a major real estate development company in Delhi-NCR.
The DRHP is filed when a company intends to raise capital from the public by selling its shares.
Through the IPO, Company proposes to utilize the net proceeds towards payments.
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The IPO also includes an offer-for-sale (OFS) of up to 90 lakh equity shares.
The firm may consider a further issue of equity shares aggregating up to Rs 50 crore.
The company is likely to raise around Rs 700-800 crore.
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LIC filed the DRHP with the SEBI.
DRHP outlines the company’s details and growth expectations.
LIC is planning to sell a five per cent equity stake owned by the Indian government.
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PharmEasy has filed the 'Draft Red Herring Prospectus.'
CAIT wrote a letter to SEBI to halt PharmEasy’s IPO.
The organisation cited a Delhi High Court order passed in 2018.
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The proceed of the issue would be utilised for opening 84 new stores, expansion of the existing capacity at Selaqui, Dehradun, brand building and general corporate purposes.
Since April, 13 firms have filed the Draft Red Herring Prospectus (DRHP) with Sebi to launch an initial public offer (IPO), while SMC Global Securities Ltd sought Sebi's approval for its Follow-on Public Offer (FPO).
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