Moneycontrol
Last Updated : Jun 14, 2018 02:37 PM IST | Source: Moneycontrol.com

Hinduja Leyland Finance files IPO papers with SEBI

The public offer comprises of fresh issue of shares worth up to Rs 500 crore by the company and offer for sale up to 2.19 crore equity shares.

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Non-banking finance company Hinduja Leyland Finance has filed draft red herring prospectus for its IPO with capital market regulator Securities & Exchange Board of India (SEBI), reports CNBC-TV18 quoting NewsRise.

The public offer comprises of fresh issue of shares worth up to Rs 500 crore by the company and offer for sale up to 2.19 crore equity shares.

Vehicle finance NBFC Hinduja Leyland Finance is promoted by second larget commercial vehicle maker Ashok Leyland and Hinduja Power.

Axis Capital, Citi Group Global Markets India and YES Securities are book running lead managers to the issue.
First Published on Jun 14, 2018 02:37 pm
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