Veritas Finance ₹2,800 Crore IPO: SEBI Filing Reveals Key Details of Upcoming Public Issue
Veritas Finance Limited is set to launch its initial public offering (IPO) with a massive ₹2,800 crore public issue. The company has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), revealing plans to issue equity shares with a face value of ₹10 each. The offer for sale (OFS) will be entirely undertaken by the promoter-selling shareholder, making it a highly anticipated event in the Indian stock market. With this IPO, Veritas Finance aims to raise significant capital to fuel its growth and expansion plans, leveraging the increasing demand for financial services in India. Key investors are expected to show keen interest in this public issue, given the company's strong financials and market outlook.
