Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPO

The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus (DRHP). Flipkart co-founder Bansal, who has invested around Rs 4,000 crore into Navi till date, is not diluting his stake in the IPO.

from Tech-Economic Times https://ift.tt/gjpCPGI