Vadodara-based Sudeep Pharma has filed draft papers with market regulator Sebi for an initial public offering (IPO). The issue comprises a fresh equity issue worth Rs 95 crore and an offer for sale (OFS) of up to 1,00,76,492 shares by promoter group members.
According to the draft red herring prospectus (DRHP) filed on Tuesday, the selling shareholders in the OFS include Sujit Jaysukh Bhayani, Sujeet Jaysukh Bhayani HUF, Shanil Sujit Bhayani, and Avani Sujit Bhayani.
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