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The Economic Times
The Economic Times

Renfra Energy submits papers with Sebi for IPO; eyes Rs 430-cr via fresh issue

SEBI IPO

Renfra Energy India has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO) comprising a fresh issue of shares worth Rs 430 crore.

Along with the fresh issue, there will be an Offer-for-Sale (OFS) of 47,94,800 equity shares by the selling shareholders, according to the draft red herring prospectus (DRHP) filed on Tuesday.

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