Captain Fresh withdraws DRHP, to refile after acquisition closure

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Global packaged seafood company Captain Fresh has withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), according to information published by the markets regulator.

The Bengaluru-based company was planning to raise Rs 1,700 crore through a fresh issue as part of its initial public offering (IPO), Entrackr had reported earlier. Ahead of the listing, Captain Fresh had also secured Rs 250 crore in pre-IPO funding led by existing investors Prosus Ventures, Accel, and Tiger Global, with…



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Captain Fresh withdraws DRHP, to refile after acquisition closure


Global packaged seafood company Captain Fresh has withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), according to information published by the markets regulator.

The Bengaluru-based company was planning to raise Rs 1,700 crore through a fresh issue as part of its initial public offering (IPO), Entrackr had reported earlier. Ahead of the listing, Captain Fresh had also secured Rs 250 crore in pre-IPO funding led by existing investors Prosus Ventures, Accel, and Tiger Global, with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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