LCL Submitted DRHP With SEBI For IPO

LCL ( Lavasa Corporation Ltd ) has submitted its DRHP (draft red herring prospectus ) along with the SEBI (Securities and Exchange Board of India ) for a IPO aggregating to around Rs 2000 crore for cash at a price to be determined via a 100per cent book-building process.

Kotak Mahindra Capital Company ltd, ICICI Securities ltd, Morgan Stanley India Company Private ltd and Axis Bank Limited. are The book running lead managers for the LCL ipo issue.

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