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Continuum Green files draft papers with Sebi for ₹3,650-cr IPO
Hindustan Times West UP
|December 11, 2024
THE COMPANY MAY CONSIDER RAISING ₹250 CRORE IN PRE-IPO ROUND
NEW DELHI: Continuum Green Energy Ltd, an independent power producer (IPP), has filed preliminary papers with capital markets regulator Sebi for floating a ₹3,650 crore initial public offering (IPO).
The proposed IPO is a combination of a fresh issue of equity shares valued ₹1,250 crore and an Offer for Sale (OFS) of equity shares worth ₹2,400 crore by promoter Continuum Green Energy Holdings Ltd, according to the draft red herring prospectus (DRHP) filed on Monday.
This story is from the December 11, 2024 edition of Hindustan Times West UP.
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