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The Economic Times
The Economic Times

Deon Energy files draft papers with Sebi to raise funds via IPO

SEBI IPO EPC Ahmedabad Gujarat

Solar engineering, procurement and construction (EPC) company Deon Energy has filed draft papers with the market regulator Sebi to raise funds through an initial public offering (IPO).

The Ahmedabad-based company's proposed IPO comprises a fresh issue of up to 72 lakh equity shares and an offer for sale (OFS) of up to 20 lakh shares by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Friday.

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