Capital markets regulator SEBI has returned the draft IPO papers of Lava International and asked the home-grown mobile maker to file documents again with certain updates.
There is an old phrase out there among those who like to smugly remind you they were right all along that goes something like this: "I don't mean to say I told you so, but." which is inevitably followed by gloating that they were indeed correct all along.
There is an old phrase out there among those who like to smugly remind you they were right all along that goes something like this: "I don't mean to say I told you so, but." which is inevitably followed by gloating that they were indeed correct all along.
Lava International, an Indian multinational electronics company that manufactures smartphones, has filed Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI to raise INR 1400- 1500 crore (USD 202 million) through the initial public offering (IPO), said a report in the Economic Times.
Lava International files IPO papers with Sebi outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.