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Safex Chemicals Files Papers for ₹450-cr IPO
Financial Express Kochi
|July 06, 2025
Fresh Issue
SPECIALITY CHEMICALS COMPANY Safex Chemicals (India) has filed preliminary papers with the capital markets regulator Sebi to seek approval to raise funds through an initial public offering (IPO).
The IPO is a mix of fresh issue of shares worth ₹450 crore and an offer-for-sale of 35,734,818 shares by promoters, investors and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Thursday.
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