UPSCSSCBANKINGSTATE-PSC
Steamhouse India files for ₹425 crore IPO with SEBI, including fresh issue and OFS.
Summary
Steamhouse India Ltd, a community boiler pioneer, has filed its Updated Draft Red Herring Prospectus (UDRHP) with SEBI for an IPO. The IPO is valued at ₹425 crore, comprising a fresh share issue of ₹345 crore and an Offer For Sale (OFS) of ₹80 crore by promoter Vishal Sanwarprasad Budhia.
Key Points
- Steamhouse India Ltd filed UDRHP with SEBI.
- IPO size: ₹425 crore.
- Fresh share issue: ₹345 crore.
- OFS by promoter Vishal Sanwarprasad Budhia: ₹80 crore.
- Company is a community boiler pioneer.
Full Article
Steamhouse India Ltd has filed its Updated Draft Red Herring Prospectus I (UDRHP I) with Securities and Exchange Board of India (SEBI) for a proposed IPO. The IPO — totaling up to ₹425 crore — will include a fresh share issue of ₹345 crore and an Offer For Sale (OFS) worth ₹80 crore by promoter Vishal Sanwarprasad Budhia.
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