India: Capacit’e Infraprojects files for $62m IPO

India: Capacit’e Infraprojects files for $62m IPO

Photo: Aniruddha Chowdhury/Mint

Mumbai-based construction company Capacit’e Infraprojects Ltd on Monday filed its draft prospectus with the market regulator for an initial public offering (IPO) to raise up to Rs400 crore ($61.9 million). The company will use the proceeds for working capital requirements, purchase of capital assets and general corporate purposes.

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