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The Economic Times
The Economic Times
Business

Eswari Global Metal Industries files papers for Rs 1,100-1,300-cr IPO

IPO

Eswari Global Metal Industries files papers for Rs 1,100-1,300-cr IPO New Delhi, Eswari Global Metal Industries Ltd has filed preliminary papers with market regulator Sebi to raise about Rs 1,100-1,300 crore through an initial public offering (IPO).

The proposed IPO comprises a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) of up to 1.32 crore equity shares by promoters and another selling shareholder, according to the draft red herring prospectus (DRHP) filed on Sunday.

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