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The Economic Times
The Economic Times
Business

Jewellery firm Royal Chain, paints maker Technopaints file papers for IPOs; target fundraise of Rs 1,500 cr

IPO IndiGo SAR

Jewellery manufacturing firm Royal Chain Ltd and paints & coatings maker Technopaints and Chemicals Ltd have filed preliminary papers with markets regulator Sebi to raise a combined Rs 1,500 crore through initial public offerings (IPOs).

Royal Chain is looking to raise Rs 1,000 crore through its maiden public offering, while Technopaints and Chemicals is aiming to mobilise Rs 500 crore, according to their draft red herring prospectuses (DRHPs) filed on Monday.

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