EAAA India Alternatives, an alternative investment unit of Edelvis Financial Services, has planned to submit the draft draft (DRHP) once again to the market regulator SEBI for the initial public issue.
The market regulator returned the EAA’s Rs 1,500 crore IPO application on March 27. The EAAA is the country’s first purely alternative investment manager, who submitted a draft draft for listing. The firm submitted an IPO application in December 2024, which was the entire OFS. SEBI returned the DRHP after observation on mutual revival about revenue.
The company said in a statement, EAA is working on the necessary changes with its advisors to re -deposit its DRHP. The company said, “Such revival will not affect the total revenue and benefits of Kampi, which has been revealed in DRHP.”
First Published – April 2, 2025 | 10:54 pm IST
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