FMCG firm Onest Limited has filed its Draft Red Herring prospectus (DRHP) with capital market regulator SEBI to raise funds through for its initial public offering (IPO). The Onest Limited IPO, which has a face value of Rs.
10, consists of a fresh issuance for Rs. 77 crore and an offer for sale (OFS) by the promoter and other selling shareholders of up to 3.25 million shares.
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