Actual property firm Kalpataru Ltd. has filed its Draft Purple Herring Prospectus (DRHP) with market regulator Securities and Change Board of India (SEBI) to lift as much as ₹1,590 crore by means of an Preliminary Public Providing (IPO).
The corporate proposes to utilise the web proceeds in direction of reimbursement/pre-payment, in full or partially, of sure borrowings availed by it and its subsidiaries; and basic company functions.
ICICI Securities Ltd, JM Monetary Ltd. and Nomura Monetary Advisory and Securities (India) Personal Ltd. are the E book Operating Lead Managers to the problem.
