Cosmic PV Power files DRHP for Rs 6,400 million IPO
Cosmic PV Power Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 6,400 million through an initial public offering (IPO). The issue comprises a fresh equity component of up to Rs 5,400 million and an offer for sale (OFS) of Rs 1,000 million by existing shareholders. The equity shares have a face value of Rs 10 each. Out of the fresh issue, Rs…