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    PKH Ventures submits DRHP for Rs 500-crore IPO

    Synopsis

    ​​PKH Ventures is involved in construction and development, hospitality and management services. Monarch Networth Capital is the sole book running lead manager to the issue. The proceeds raised through the IPO will be utilised for development of Halaipani Hydro-power Project, development of Phase I of Amritsar Real Estate and working capital requirements.

    Agencies
    The IPO will comprise a fresh issue of up to 2.43 crore shares and an offer for sale of up to 50 lakh shares by the promoter.
    Mumbai: PKH Ventures has filed documents with Sebi for a Rs 500-crore initial public offer.

    The IPO will comprise a fresh issue of up to 2.43 crore shares and an offer for sale of up to 50 lakh shares by the promoter.

    PKH Ventures is involved in construction and development, hospitality and management services. Monarch Networth Capital is the sole book running lead manager to the issue.

    The proceeds raised through the IPO will be utilised for development of Halaipani Hydro-power Project, development of Phase I of Amritsar Real Estate and working capital requirements.

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