E-pharmacy giant PharmEasy files DRHP for INR 6,250 Cr IPO
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API Holdings, the parent company of epharmacy unicorn PharmEasy has filed its draft red herring prospectus with market regulator SEBI. PharmEasy will be raising up to INR 6,250 Cr through a fresh issue of shares. The offer does not include offer-for-sale, meaning no existing shareholders will sell their stakes. The company will consider an option of pre-IPO fundraise of up to INR 1,250 Cr through private placement.