Continuum Green Energy files DRHP to raise Rs 36.5 billion through IPO
Continuum Green Energy Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise Rs 36.5 billion. The IPO includes a fresh issue of shares worth Rs 12.5 billion and an offer for sale of Rs 24 billion by the promoter, Continuum Green Energy Holdings Limited. The net proceeds from the fresh issue will primarily be used to repay or…