Srei Equipment Finance Ltd files DRHP for IPO

Srei Equipment Finance Limited, one of SREI Infrastructure Finance Ltd's subsidiary company has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India on November 28, 2017.

The Offer consists of fresh issue of Equity Shares of SEFL aggregating up to Rs. 1100 Crores and an offer for sale of upto 4,386,765 Equity Shares of SEFL by Srei Infrastructure Finance Limited.

Shares of SREI INFRASTRUCTURE FINANCE LTD. was last trading in BSE at Rs.108.85 as compared to the previous close of Rs. 107.3. The total number of shares traded during the day was 358300 in over 2296 trades.

The stock hit an intraday high of Rs. 112.35 and intraday low of 108. The net turnover during the day was Rs. 39381493.

Source : Equity Bulls

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