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Sembcorp Green Infra Files for IPO to Raise Up to Rs 3,750 Crore

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Sembcorp Green Infra, Sembcorp Industries’ renewable energy unit, has filed draft papers in Mumbai for an IPO to raise up to Rs 3,750 crore. The issue will be entirely fresh shares, with the parent not selling down. About Rs 3,000 crore will be used to repay debt. The planned listing is its second attempt to list the Indian energy business.

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