India, Oct. 10 -- Integris Medtech has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).
The IPO comprises of a fresh issue of equity shares of face value Re 1 each aggregating up to Rs 925 crore and an offer for sale of up to 21,674,531 equity shares of face value Re 1. The offer for sale by promoter selling shareholders comprises of up to 15,174,251 equity shares by Evercure Holdings, up to 3,250,140 equity shares by Gurmit Singh Chugh and up to 3,250,140 equity shares by Punita Sharma.
In consultation with the BRLMs, the company may consider a pre IPO placement of Rs 185 crore prior to the filing of the RHP with ROC.
The company plans to use the funds raised from the net...