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Avtar Steel files IPO papers with SEBI; aims to raise ₹585 crore

Along with the fresh issue, the IPO would comprise an offer for sale (OFS) of 50 lakh shares by promoter Sumit Jindal

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Avtar Steel files IPO papers with SEBI; aims to raise ₹585 crore

Along with the fresh issue, the IPO would comprise an offer for sale (OFS) of 50 lakh shares by promoter Sumit Jindal

Avtar Steel Ltd, a manufacturer of stainless-steel long and wire products, has filed preliminary papers with markets regulator SEBI to raise 585 crore through an initial public offering (IPO). Along…

Originally published by BusinessLine. Read the full article →

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