HAL Offshore Ltd has filed its DRHP with Sebi on for an IPO for entering the capital market with an issue of

33 lakh equity shares. Out of which 3 lakh equty shares have been reserved for employees and shareholders of the group companies. The net issue to the public shall be 30 lakh shares of Rs 10 each at a premium to be decided through a 100% book building process. The issue will constitute 27.72% of the post issue paid up capital of the company

The proceeds of the issue will be used t