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Aequs Gets SEBI Nod For Its Confidential DRHP
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Aequs Gets SEBI Nod For Its Confidential DRHP
Belgaum-based contract manufacturing company Aequs has received SEBI’s nod for its DRHP, filed via the pre-filing route. According to SEBI’s weekly processing report, it issued observations on Aequs’ draft papers on September 18, marking a key step towards its $200 Mn (about INR 1,700 Cr) IPO. In SEBI’s parlance, issuance of observations is a green light to proceed with the public issue. Aequs filed its confidential DRHP in June. Prior to that, …
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