Lava International Seeks SEBI Approval For IPO

The Delhi-based mobile handset maker’s offer comprises a fresh issue of equity shares and an offer for sale.

A worker prepares circuit boards for a quality control test in the surface-mount technology area of the Lava International Ltd. factory in Noida, Uttar Pradesh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Lava International Ltd. has sought the market regulator’s approval for an initial public offering, deriving optimism from the IPO frenzy.

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