The OFS component is being provided by promoters including Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant, and other shareholders. Also Read : Upcoming IPOs: EMA Partners India SME To Open Maiden ...
The IPO is a combination of a fresh issue of equity shares for up to Rs 138 crore and an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khakhar and Sameer ...