EQT-backed Indira IVF confidentially files draft papers for Rs 3,500 cr IPO

The fertility firm files draft papers via the confidential filing route

Fertility firm Indira IVF, owned by investment company EQT, has filed for draft papers with market regulator Securities and Exchange Board of India (Sebi) via the confidential filing route, sources in the know said.

 

The issue size is estimated to be around Rs 3,500 crore, and will entirely consist of an offer for sale (OFS). It is learnt that the EQT component would be Rs 2,900 crore, and the balance would be by founders and promoters (Rs 600 crore).

 

While multiple industry sources close to the development confirmed this, emails sent to Indira IVF remained unanswered till the time of