NEW DELHI: (Aug 3) Battery Smart, a battery-swapping network for electric two- and three-wheelers, is likely to file draft papers with Sebi in September or October as it looks to tap the capital markets through an initial public offering (IPO), people familiar with the matter said.
The company has appointed SBI Capital Markets as the lead merchant banker for the proposed public issue, they said.
“The filing of draft papers with Sebi is likely to take place around September or October, using FY26 and June quarter financials, which will remain valid till December 2026,” one of the people cited above said.
Source: PTI News
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