ReNew Power files DRHP for IPO

ReNew Power filed draft red herring prospectus with the Sebi on Tuesday.

By ET Bureau | May 08, 2018, 08.59 PM IST

Mumbai: ReNew Power filed draft red herring prospectus with the Securities and Exchange Board of India on Tuesday.

The IPO comprises of fresh issue of shares up to Rs 2,600 crore and an offer for sale of 9.4 crore shares by selling shareholders including GEF, Green Rock and GSW.

Kotak Mahindra Capital Company, DSP Merrill Lynch, Goldman Sachs (India), JM Financial, JP Morgan India, HSBC Securities and Capital Markets (India), IDFC Bank, UBS Securities India and YES Securities (India) are the book running lead managers to the issue.

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