scorecardresearchNew IPO: Balaji Speciality Chemicals files papers with Sebi

New IPO: Balaji Speciality Chemicals files papers with Sebi

Updated: 12 Aug 2022, 01:37 PM IST
TL;DR.
The IPO consists of a fresh issue of equity shares worth up to 250 crore and an offer-for-sale (OFS) of up to 2,60,00,000 equity shares by promoters and promoter group entities, according to the draft red herring prospectus (DRHP).
The proposal to bring mutual funds within the fold of the SEBI’s Prohibi-tion of Insider Trading Regulations, 2015, is, in some sense, an illustration of needless procedural complexities being set in motion (Shutterstock)

The proposal to bring mutual funds within the fold of the SEBI’s Prohibi-tion of Insider Trading Regulations, 2015, is, in some sense, an illustration of needless procedural complexities being set in motion (Shutterstock)