Bain Capital-backed Dhoot Transmission Limited has filed its Updated Draft Red Herring Prospectus - 1 (UDRHP - 1) with market regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO).
The electrical & electronics companies’ proposed public offer will be a mix of fresh issue and an offer for sale (OFS). The fresh issue consists of equity shares of face value Rs 2 each, aggregating up to Rs 1,400 crore and the OFS comprises up to 1.63 equity shares.