Muthoot Finance's arm Belstar Microfinance files DRHP with SEBI for ₹1,300 crore IPO

According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based company comprises a ₹1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of ₹300 crore by existing investor shareholders.

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