FirstMeridian Business Services IPO: Company files Rs 800 crore IPO papers with Sebi
According to the DRHP, the IPO will include a fresh issue of equity shares worth up to Rs 50 crore and an Offer for Sale (OFS) worth up to Rs 750 crore by promoters and existing shareholders.
FirstMeridian Business Services Ltd has filed preliminary papers with the capital markets regulator Sebi to raise Rs 800 crore through an initial public offering. Pic: IANS