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Veritas Finance files draft papers with Sebi for ₹2,800-cr IPO

Hindustan Times West UP

|

January 21, 2025

Veritas Finance Ltd, a retail-focused non-deposit taking NBFC, has filed preliminary papers with markets regulator Sebi seeking its approval to raise ₹2,800 crore through an initial public offering (IPO).

- Press Trust of India

NEW DELHI:

The IPO comprises a fresh issue of equity shares aggregating up to ₹600 crore and an Offer-for-Sale (OFS) of equity shares worth ₹2,200 crore by the investor and individual selling shareholders, according to the draft red herring prospectus (DRHP) filed on Saturday.

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