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ColdEX files IPO papers with Sebi

Press Trust of India  |  New Delhi 

ColdEX Ltd, integrated food and distribution company, has filed draft papers with capital markets watchdog Sebi to float an initial public offering.

The IPO comprises fresh issue of up to 10,10,000 equity shares and an offer for sale of up to 16,56,408 equity stocks by SABR Investment Pvt Ltd, according to the draft papers filed with (Sebi).

Proceeds raised through the issue will be used for investment in IT Infrastructure; fund the working capital requirements of its subsidiary Coldex Logistics; acquisitions and other strategic initiatives and

is the book running lead The equity shares will be listed on the and NSE.

caters to a wide range of industry sectors and business segments, including food service market, FMCG, confectionary, dairy and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 29 2018. 17:25 IST