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Fincare Small Finance Bank files IPO documents to market regulator SEBI
Fincare Small Finance Bank has filed preliminary papers for a planned Rs 1,330 crore initial public offering (IPO) with capital market regulator SEBI.
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| A+A A- By Express News Service
NEW DELHI: Fincare Small Finance Bank has filed preliminary papers for a planned Rs 1,330 crore initial public offering (IPO) with capital market regulator SEBI.
The IPO comprises a fresh issue of equity shares of the bank worth 1330 crore and an offer for sale aggregating up to Rs 1,000 crore by the promoter entity Fincare Business Services Limited, according to the Draft Red Herring Prospectus (DRHP) filed by the company.
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