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Sai Infinium Files Draft Papers For IPO

Summary by NDTV Profit
Sai Infinium Ltd. has filed a draft red herring prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering.The IPO will consist only of a fresh issue of 1.96 crore equity shares at a face value of Rs 10 each, according to the DRHP dated April 2.The company plans to utilise the capital to fund the setup of 17.4-megawatt hybrid power plant and purchase the cargo vessel for the ship breaking plant i…
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NDTV ProfitNDTV Profit

Sai Infinium Files Draft Papers For IPO

Sai Infinium Ltd. has filed a draft red herring prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering.The IPO will consist only of a fresh issue of 1.96 crore equity shares at a face value of Rs 10 each, according to the DRHP dated April 2.The company plans to utilise the capital to fund the setup of 17.4-megawatt hybrid power plant and purchase the cargo vessel for the ship breaking plant i…

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NewsDrumNewsDrum

Sai Infinium files draft papers with Sebi to raise funds via IPO

New Delhi, Apr 4 (PTI) Sai Infinium has filed draft papers with markets regulator Sebi seeking its clearance to garner funds through an initial public offering (IPO). The Gujarat-based company's IPO is entirely a fresh issue of 1.96 crore equity shares with no offer-for sale (OFS) component, according to the draft papers filed on Wednesday. The company plans to use funds to the tune of Rs 130 crore for setting up a 17.4-MW hybrid power plant, Rs…

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Inc42 MediaInc42 Media

Kissht Eyes $225 Mn IPO, To File Draft Papers By June: Report Kissht Eyes $225 Mn IPO, To File Draft Papers By June: Report

Digital lending startup Kissht is reportedly gearing up for an initial public offering of $225 Mn (around INR 1,926 Cr). A Mint report, citing sources, said that the fintech startup has picked ICICI Securities, UBS Securities, and Motilal Oswal as the investment bankers for the proposed public issue. Besides, the startup is looking to onboard one more investment banker.  Kissht declined to comment on Inc42’s queries on the development.  As per t…

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TheSpuzzTheSpuzz

Advance Agrolife files DRHP for IPO with SEBI, seeks ₹135 crore through fresh issue

Source: Live Mint Advance Agrolife Limited, an agrochemical company engaged in manufacturing a wide range of agrochemical products that support the entire lifecycle of crops, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through Initial Public Offering (IPO). The IPO, with a face value of ₹10, is entirely a fresh issue of shares up to 19,285,720 w…

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TheSpuzz broke the news in on Thursday, April 3, 2025.
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