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Dosti Realty, Moneytree Realty file IPO papers with SEBI through confidential route

Earlier this month, Wadhwa Group Holdings Ltd and AssetGro Fintech Ltd filed draft papers with SEBI for IPOs using the confidential route

Dosti Realty, Moneytree Realty file IPO papers with SEBI through confidential route

Real estate developer Dosti Realty Ltd and property consultancy firm Moneytree Realty Services Ltd have filed preliminary papers with the markets regulator SEBI through the confidential route, signalling their plans to tap the capital markets with Initial Public Offerings (IPOs). Under the confidential pre-filing route, companies are allowed to keep their draft offer documents out of the public domain until the regulatory review process reaches a more advanced stage.

As a result, details regarding the offer structure, financial performance, valuation and listing timeline are not available at this stage.

Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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