Regreen-Excel EPC India Ltd files draft red herring prospectus for ₹350 crore IPO with SEBI.
Regreen-Excel EPC India Ltd has filed a draft red herring prospectus for an initial public offering (IPO) with the Securities and Exchange Board of India, seeking to raise ₹350 crore. The IPO comprises a fresh issue and an offer-for-sale of shares by promoters. Regreen-Excel specializes in designing and supplying ethanol plants, serving various industries. Proceeds will fund capital expenditures, debt repayment, and general corporate needs.
September 11, 2024
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