Harisons Steel Limited has filed DRHP with SEBI to raise R60Cr through an IPO.
The funds raised will be used to set up rolling mill with a proposed capacity of 30,000 Mts p.a. (R41.59Cr); to part finance incremental working capital requirement (R8Cr) and for other corporate purposes.
Comfort Securities is the book running lead manager to the issue.
Private equity firm Kedaara capital and Partners Group have teamed up to acquire the mortgage firm Au Housing Finance for Rs. 950 crore ($139 million). The deal will give Kedaara Capital a ready platform to launch its home finance business.