Construction and infrastructure firm RKCPL has filed preliminary papers with SEBI to raise ₹1,250 crore through an initial public offering (IPO). The IPO consists of a fresh issue of equity shares of ₹700 crore and an offer-for-sale worth ₹550 crore. As part of offer-for-sale, shareholders Naresh Kumar and Krishan Kumar Goyal will offload shares worth ₹275 crore each.
short by
Vaishnavi Mishra /
03:41 pm on
25 Sep