Shemaroo files papers for Rs 120 crore IPO with Sebi

Shemaroo Entertainment, which is into film and entertainment content business, has filed draft documents with market regulator Securities and Exchange Board of India (Sebi) to raise up to Rs 120 crore through an initial public offer (IPO).       The IPO comprises "equity shares of face value of Rs 10 each at the issue price aggregating to Rs 12,000 lakh," as per the company's draft red herring prospectus.       Besides, the fi...