Bharat PET has filed its DRHP with Sebi for a Rs 760-crore IPO, including a fresh issue and OFS. The issue comprises a fresh issue of equity shares worth up to Rs 120 crore and an offer for sale (OFS) of up to Rs 640 crore by promoter selling shareholders. The packaging maker plans to repay debt, fund capex and strengthen operations.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets