Credila Financial Services gets SEBI's go ahead to float IPO
Credila Financial Services has received Securities and Exchange Board of India’s (SEBI) go-ahead to raise funds through initial public offering (IPO).
The company filed draft papers with SEBI in December through a confidential pre-filing route. Filing the draft papers through this method allows the company to withhold public disclosure of details mentioned in the DRHP. The equity shares are proposed to be listed on the NSE and BSE.
Credila Financial Services is one of India's largest education loan non-banking financial companies (NBFC).
