Rahee Infratech files IPO papers with Sebi; aims to raise Rs 420 crore via fresh issue

Rahee Infratech Ltd, a railway civil engineering, manufacturing, and construction firm, has filed with SEBI to raise funds via an IPO. The offering includes a fresh issue of shares worth Rs 420 crore and an Offer for Sale (OFS) of 27.8 lakh equity shares by promoters, as per the Draft Red Herring Prospectus (DRHP) filed on Monday.