Water purifier firm Kent RO files IPO papers with Sebi
Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday.
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In its draft papers, the company stated that the objects of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. Image: IANS