• SENSEX
    NIFTY 50
Business

Construction firm Montecarlo files fresh IPO papers with Sebi

Updated : October 01, 2019 09:16 AM IST

Construction company Montecarlo Ltd has filed fresh IPO papers with capital markets regulator Sebi to raise an estimated Rs 550 crore.
The company may consider a pre-IPO placement for an aggregate amount not exceeding Rs 100 crore.
Proceeds of the issue will be utilised towards investment in the company's projects, to meet working capital requirements and for other general corporate purposes.
Construction firm Montecarlo files fresh IPO papers with Sebi
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV