Edelweiss Capital Limited files DRHP with SEBI

Edelweiss Capital Limited has filed Draft Red Herring Prospectus (DRHP) with SEBI for its forthcoming Initial Public Offering (IPO) to investors. The company is coming with a Public Issue of 8,386,147 equity shares of Rs.5 each for cash at a price band to be decided later.

The Issue comprises a net issue of 8,181,607 equity shares to public and a reservation of 204,540 equity shares for eligible employees. The Issue will constitute 11.19% and Net Issue would constitute 10.92% respectively of the fully diluted post issue paid-up capital of the company.

The company's shares are proposed to be listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Kotak Mahindra Capital Company Ltd, Citigroup Global Markets India Pvt Ltd and Lehman Brothers Securities Pvt Ltd are the Book Running Lead Managers to the issue. Intime Spectrum Registry Ltd is the Registrar to the issue.

Click Here to View Edelweiss Capital Limited Website.

Click Here to view Edelweiss Capital Limited Prospectus.

Source : Equity Bulls

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