Innoterra Ltd, the Indian subsidiary of Swiss agritech major Innoterra AG, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 105 crore and an Offer-for-Sale (OFS) of 70,55,315 equity shares by existing shareholders, according to the draft red herring prospectus (DRHP) filed on Monday.