Assetz files IPO papers with Sebi via confidential route; plans ₹1,200-crore issue
Assetz Ltd has filed preliminary papers with the Securities and Exchange Board of India (Sebi) to raise approximately ₹1,200 crore through an initial public offering (IPO), marking its public-market debut. The Bengaluru-based developer, backed by Singapore's AGP Partners, opted for the confidential filing route, delaying the release of detailed offer information until later in the regulatory review process. JM Financial, BofA Securities India, and Motilal Oswal Investment Advisors are the lead managers for the IPO.