​Mumbai-based Rays Power Infra on Tuesday announced that the firm has filed a Draft Red Herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO).
Rays Power Infra IPO: The public offer of the solar power company comprises a fresh issue of shares worth Rs 300 crore and an offer-for-sale of 29.95 lakh shares
Kay Cee Energy & Infra plans to raise Rs 15.93 crore through the IPO. It will use the net proceeds for working capital requirements worth Rs 13 crore and the remaining for general corporate purposes.
Kaushalya Logistics IPO: The public offer consists of a fresh issue of 33.8 lakh shares worth Rs 25.35 crore and an offer-for-sale of 15 lakh shares worth Rs 11.25 crore
IPO news: Rays Power Infra files IPO papers with Sebi financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.