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The Economic Times
The Economic Times

Integrum Energy Infrastructure files papers with Sebi to raise funds via IPO

SEBI IPO Renewable Energy

Integrum Energy Infrastructure has filed preliminary papers with markets regulator SEBI to raise funds through an initial public offering (IPO), as the renewable energy solutions provider looks to strengthen its working capital, expand its project portfolio and pare debt.

The proposed IPO comprises a fresh issue of 1.58 crore equity shares and an Offer for Sale (OFS) of 82.42 lakh equity shares by promoters and existing shareholders, taking the total offer size to 2.41 crore equity shares, according to the draft red herring prospectus (DRHP) filed on Thursday.

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