Dilip Buildcon gets SEBI approval for IPO: Reports

The company had filed its draft red herring prospectus (DRHP) with Sebi on March 30, says report.

Jun 02, 2015 11:06 IST India Infoline News Service

Dilip Buildcon has received SEBI approval for IPO, according to reports.

The company had filed its draft red herring prospectus (DRHP) with Sebi on March 30, says report.
A report says that as per the draft papers filed with Sebi, IPO would comprise fresh issue of equity shares worth "up to Rs 6,500 million" and offer for sale of up to 1.49 crore equity shares by its existing shareholders. 
Axis Capital, Deutsche Equities India and PNB Investment Services are the book running lead managers to the issue, says report.

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