Reliance Infratel files DRHP with SEBI

Reliance Infratel has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company is coming with an Initial Public Issue (IPO) of 156,000,000 equity shares of Rs 10 each.

The company intends to use the issue proceed for repayment of loans and general corporate purposes.

Book running lead managers to the issue are JM Financial Consultants Private Limited, J.P. Morgan India Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, ICICI Securities Limited, Macquarie Capital Advisers (India) Private Limited, UBS Securities India Private Limited, HSBC Securities and Capital Markets (India) Private Limited and Karvy Computershare Private Limited.