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The Economic Times
The Economic Times
Surbhi Khanna

Tamil Nadu based Stalwart People Services files DRHP for Rs 150 crore IPO

DRHP Tamil Nadu IPO SEBI

Tamil Nadu headquartered Stalwart People Services, a Security, Facilities Management, and Staffing Services company has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO) of a fresh issue of equity shares aggregating up to Rs 150 crore

According to DRHP, an offer for sale (OFS) of up to 52,64,151 equity shares by the Promoter Selling Shareholders - Christopher Arvinth and Caroline Mendez.

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