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    Question

    Which of the following firm has files preliminary papers

    with Sebi to raise funds via IPO?
    A Reliance India Correct Answer Incorrect Answer
    B LIC Correct Answer Incorrect Answer
    C Corrtech International Correct Answer Incorrect Answer
    D Wintech International Limited Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    · Corrtech International (pipeline laying solutions provider), has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public offering. · The public issue comprises fresh issuance of equity shares worth Rs 350 crore and an offer for sale of 40 lakh shares by promoters, draft red herring prospectus (DRHP) filed with Sebi showed.

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