Aequs has filed a confidential draft red herring prospectus with the Securities and Exchange Board of India to raise approximately $200 million (Rs 1,700 crore) through the IPO.
Aequs, a diversified contract manufacturer, has filed a confidential draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise approximately $200 million (Rs 1,700 crore) through the IPO. It has transitioned from a private entity to a public company as it readies itself for the IPO.