Ravi Infrabuild Projects files draft papers with Sebi to raise Rs 1,100 cr through IPO

Ravi Infrabuild Projects files draft papers with Sebi to raise Rs 1,100 cr through IPO

Construction company Ravi Infrabuild Projects Ltd has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,100 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Thursday. … Read more