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Crizac, Belrise file papers for IPO
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Crizac Limited and Belrise Industries filed their draft red herring prospectus (DRHP) with Sebi to raise funds through an IPO. Crizac's initial public offering comprises an offer for sale of ₹1,000 crore by promoters Pinky Agarwal and Manish Agarwal.
Automotive component manufacturing company Belrise Industries' IPO comprises solely a fresh issue of ₹2,150 crore.
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