Skanray files draft papers for ₹400-cr IPO
Skanray may consider a pre-IPO placement of share of up to ₹350 crore, including a fresh issue of share of ₹150 crore and a share sale by existing shareholders of up to ₹200 crore
Medical devices manufacturer Skanray Technologies Ltd has filed its draft prospectus with the markets regulator for its initial public offering (IPO). The company is looking to raise ₹400 crore in fresh capital, as well as a secondary share sale, wherein its promoters and existing private equity investor Ascent Capital are expected to sell a part of their stakes.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started