India: Chemplast Sanmar files DRHP to raise $466m via IPO

India: Chemplast Sanmar files DRHP to raise $466m via IPO

IPO

Chemplast Sanmar Ltd, which is backed by Canadian billionaire Prem Watsa, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) to raise Rs3,500 crore through an initial public offering (IPO).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter