New Delhi, June 29 -- New Delhi-based Pristine Logistics & Infraprojects Ltd has confidentially filed its draft red herring prospectus with the Securities and Exchange Board of India under the pre-filing route for an initial public offering, according to a public notice issued by the company in a local newspaper.

The company, backed by infrastructure fund manager Global Infrastructure Partners, has appointed Axis Capital Ltd, CLSA India Pvt and SBI Capital Markets Ltd to manage the offer, two people aware of the development told Mint.

The proposed listing of Pristine fits a broader pattern of infrastructure asset monetization in India, where a record Rs.12.2 trillion government capital expenditure budget for 2026-27 is drawing heightene...