Veritas Finance ₹2,800 Crore IPO: DRHP Filed with SEBI, Know the Details
Veritas Finance Limited is set to launch its initial public offering (IPO) worth ₹2,800 crore, consisting of equity shares with a face value of ₹10 each. The promoter-selling shareholder will entirely undertake the offer for sale (OFS), aiming to raise capital for future growth. This upcoming IPO is expected to attract investors looking for lucrative investment opportunities in the finance sector, with key terms like public issue and equity shares being the focal point. The company's decision to file a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) marks a significant step towards its public issue. With the finance industry on the rise, this IPO is likely to generate considerable interest among investors.
