Funds from the Capital Infra Trust InvIT IPO will be used for providing loans to the project SPVs for repayment of external borrowings, in part or in full, from the financial lenders and providing loans to the project SPVs for repayment of unsecured loans and general corporate purposes.
Is Sambhv Steel Tubes’ IPO a risky bet for investors?
Sambhv Steel Tubes is launching an IPO to raise ₹400 crore for debt repayment and ₹100 crore through an OFS, diluting promoter stake to 56%.