Sandhya Marines – seafood products exporter has filed its DRHP (Draft Red Herring Prospectus) with the market regulator SEBI seeking the permission for its IPO.

The offer consists of a fresh issue of ~300 Crore & sale of up to 1.26 Crore equity shares by Ms. K Suryanarayanamma, Dr. K V Prasad, K Arun Kumar & K Anand Kumar.

SBI Capital Markets and Karvi Investment Banking are the lead managers to the issue and the registrar is Karvy Computershare Private Limited.

So, Investors be ready; soon a new Initial Public Offering (IPO) will come to your Demat account.