After missing 1st shot at listing, firms re-file DRHPs with

After missing 1st shot at listing, firms re-file DRHPs with lower size

Companies, which missed out on listing earlier, are giving it another shot but with significantly-reduced issue sizes.

In the recent past, companies such as TVS Supply Chain Solutions, Suraj Estate Developers, and ESAF Small Finance Bank have re-filed their draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (Sebi).

This came after they slashed their issue sizes by 20-60 per cent.

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