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SIS Cash Service files draft papers with Sebi to raise funds via IPO

Summary by NewsDrum

New Delhi, Mar 29 (PTI) Cash logistics player SIS Cash Service Ltd has filed draft papers with the market regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is a mix of fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 37.15 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS are SIS Ltd and SMC Integrated Facility Ma…

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The Sunday Guardian Live

SIS cash service files draft papers with SEBI to raise funds via IPO - The Sunday Guardian Live

New Delhi: Cash logistics player SIS Cash Service Ltd has filed draft papers with the market regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is a mix of fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 37.15 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS are SIS Ltd and SMC Integrated Facility Management Solu…

3 days ago

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TheSpuzz

SIS Cash Service Limited files DRHP to raise funds via IPO

Source: Live Mint SIS Cash Service Limited, on March 29, said that it has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to mop up funds through an initial public offering (IPO). The IPO, with a face value of ₹10 per equity share, comprises a fresh issue of up to ₹100 crore and an offer for sale of up to 3,715,150 shares by the Promoter Selling Shareholders. The offer for …

4 days ago

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mehta-mehtaadvisory.com

SEBI Update - Extension towards Adoption and Implementation of Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs) - Mehta & Mehta

SEBI had received multiple requests for CSCRF compliance timelines extension to ensure ease of compliance for them. Therefore, it has been decided to extend the compliance timelines by three (3) months, i.e., till June 30, 2025 to all REs, except Market Infrastructure Institutions (MIIs), KYC Registration Agencies (KRAs), and Qualified Registrars to an Issue and Share Transfer Agents (QRTAs). The provisions of this Circular shall come into forc…

4 days ago

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