IPO-bound Signature Global raises Rs 318.5 crore from anchor investors ahead of public issue
According to the red herrring prospectus (RHP) filed recently, the total size of the IPO is up to Rs 730 crore, comprising fresh issue os shares up to Rs 603 crore and offer for sale (OFS) of up to Rs 127 crore. The bulk of the proceeds will be used to reduce debt.
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