Emami files prospectus with Sebi

Emami has filed a draft red herring prospectus with Sebi for its forthcoming public issue of 50,00,000 equity shares at Rs 2 each.

An official spokesperson said the public issue would be made through the book-building route, and shares would be listed on the Mumbai and Kolkata stock exchanges.

Anand Rathi Securities and ICICI Securities have been mandated to be the book-running managers for the public issue.

Emami posted a total income of Rs 216.81 crore and a post-tax profit of Rs 21.67 crore in the previous fiscal.