For proposed IPO of size Rs 600 crore
Sadbhav Engineering announced that Sadbhav Infrastructure Project, a subsidiary of Sadbhav Engineering, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on 03 December 2014 in order to undertake an initial public offering of its equity shares (the Issue). The Issue consists of a fresh issue of equity shares of Rs. 10 each (the Equity Shares) aggregating up to Rs. 600 crore and an offer for sale of up to 16,178,811 Equity Shares by Xander Investment Holding XVII and up to 16,178,811 Equity Shares by Norwest Venture Partners VII-A-Mauritius.Powered by Capital Market - Live News