Advent International-backed Manjushree Technopack files draft papers for Rs 3,000-cr IPO
Advent International-backed Manjushree Technopack files draft papers for Rs 3,000-cr IPO
NEW DELHI: Advent International-backed Manjushree Technopack has filed preliminary papers with capital markets regulator Sebi to raise Rs 3,000 crore through an initial public offering (IPO).
The initial share-sale is a combination of a fresh issue of equity shares worth Rs 750 crore and an offer of sale (OFS) of equity shares valued Rs 2,250 crore by AI Lenarco Midco Ltd, according to the draft red herring prospectus (DRHP).
The offer also includes a reservation for a subscription by eligible employees.
