Prudent Corporate Advisory Services Limited files DRHP with SEBI equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
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The Initial Public Offer (IPO) consists of 8,549,340 equity shares of face value of Rs 5 each of Prudent Corporate Advisory Services Limited comprising an offer for sale of up to 8,281,340 equity shares by Wagner Limited and up to 268,000 equity shares by Shirish Patel. This offer includes a reservation for purchase by eligible employees.
As per the initial prospectus submitted with SEBI, ixigo's IPO would comprise a fresh issue of Rs 750 crore and an offer for sale (OFS) to the tune of Rs 850 crore by existing stakeholders