Religare files draft Red Herring Prospectus with SEBI

Mumbai, Jul 2 (UNI) Religare Enterprises Limited, a Ranbaxy promoter group company and a financial services company, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to enter the capital market with its initial public offering (IPO) of equity shares.

The Company proposes to issue 11,364,152 equity shares of Rs 10 each for cash, at a price to be decided through a 100 per cent book building process, a company release said here today.

UNI