Popular Vehicles, Azad Engineering file draft IPO papers with Sebi

Popular Vehicles, Azad Engineering file draft IPO papers with Sebi

Two companies — Popular Vehicles and Services Ltd and Azad Engineering have filed their respective draft red herring prospectus with market regulator Sebi. Popular Vehicles and Services IPO comprises fresh equity issue of Rs 250 crore and an offer for sale up to 1.42 crore shares. Banyan Tree Growth Capital is the sole selling shareholder … Read more