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Sachin Bansal s Navi Technologies files draft papers for Rs 3,350-cr IPO

Sachin Bansal-led Navi Technologies eyes Rs 4,000 cr IPO, DRHP likely this week

Sachin Bansal s Navi to file for Rs 4,000-crore IPO this week

Sachin Bansal-led Navi Technologies is planning to file draft prospectus with capital markets regulator Sebi to raise around Rs 4,000 crore through an IPO, people familiar with the development said on Monday. The company is expected to file its Draft Red Herring Prospectus (DRHP) this week and the Initial Public Offering (IPO) is expected to open in June, they added.

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