MP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company aims to generate capital via a fresh issuance of shares and an offer for sale. The funds raised will go towards establishing a new billet manufacturing facility, thereby boosting its backward integration.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.