Maytras Infra Limited files draft red herring with SEBI

Mumbai, May 2 (UNI) Maytras Infra Limited, an infrastructure development and construction company, today filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India for an initial public offering.

The company will be issuing equity shares of Rs 10 each for cost at a price to be decided through a 100 per cent book building process.

Incorporated in 1998, the company has organised into two parts construction as a contract basis and infrastructure development, which involves identifying sourcing. developing and operating projects in infrastructure sectors.

UNI