Chauffeured car rental and mobility solutions provider Mann Fleet Partners has secured Sebi's approval to raise funds through an initial public offering (IPO), an update with the markets regulator showed on Friday.
The proposed IPO comprises a fresh issue of 60.12 lakh equity shares and an Offer-For-Sale (OFS) of 19.10 lakh equity shares by promoters and individual shareholders, according to the draft red herring prospectus (DRHP).