India, Sept. 30 -- Contract manufacturing company Aequs has filed its updated draft red herring prospectus (UDRHP) with the SEBI for its initial public offering (IPO) about one week after receiving the markets regulator's nod for its confidential filings. The Bengaluru-based company's proposed public offering will comprise a fresh issue of equity shares worth up to INR 720 Cr and an offer-for-sale (OFS) component of up to 3.2 Cr equity shares.

The OFS component would see Amicus Capital shed the largest amount of shares. Via its three funds - Amicus Capital Private Equity I, Amicus Capital Partners India Fund II and Amicus Capital Partners India Fund I - the PE firm would sell 2.7 Cr shares of Aequs.

Further, Melligeri Private Family Fou...