Namberdar Bio Fuels

Biodiesel Manufacturer Namberdar Bio Fuels Limited Files DRHP with BSE SME

Biodiesel Manufacturer Namberdar Bio Fuels Limited Files DRHP with BSE SME

Ghaziabad (Uttar Pradesh) [India], October 8: Namberdar Bio Fuels Limited, an Uttar Pradesh-based manufacturer, processor and supplier of biodiesel (B100) and associated by-products including crude glycerine and fatty acids, has filed its Draft Red Herring Prospectus with the SME Platform of BSE Limited (BSE SME) in preparation for its Initial Public Offering. The IPO will comprise an offer of up to 35,00,000 equity shares with a face value of ₹ 10 each, consisting of a Fresh Offer of up to 30,00,000 equity shares and an Offer for Sale of up to 5,00,000 equity shares by Promoter Arvind Chaudhary. The equity…
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