SH Kelkar and Co. prices IPO at Rs173-180, to raise Rs510 crore
Firm will raise Rs210 crore through the issue of fresh shares, of which a majority will be utilized to reduce debt, which stands at Rs170 crore
Global private equity firm Blackstone-backed fragrance and flavour company S.H. Kelkar and Co. Ltd on Tuesday announced that it will open its initial public offering (IPO) on 28 October, to raise almost ₹ 510 crore. The issue will close on 30 October.