Dental products company Laxmi Dental has filed a draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchanges Board of India (SEBI) for its proposed initial public offering (IPO), according to a recent filing with the BSE.
The IPO will include a fresh issue of equity shares worth 1.50 billion Indian rupees and an offer for sale (OFS) of 12.8 million shares by promoters and other shareholders.