India, Oct. 4 -- After getting SEBI's nod for its confidential DRHP, contract manufacturer Aequs filed an updated DRHP for its IPO earlier this week. The company's public issue will comprise issuance of fresh shares worth up to INR 720 Cr and an offer-for-sale (OFS) component of up to 3.2 Cr equity shares.

Amicus Capital, Melligeri Private Family Foundation, and Ravindra Mariwala will be offloading their stake via OFS route. Amicus Capital plans to sell 2.7 Cr shares of Aequs via its three funds - Amicus Capital Private Equity I, Amicus Capital Partners India Fund II, and Amicus Capital Partners India Fund I. While Melligeri Private Family Foundation would offload up to 13.1 Lakh shares, Ravindra Mariwala would sell up to 12.7 Lakh share...