<ul data-eligibleForWebStory="false"><li>Safex Chemicals filed draft papers for a Rs 450 crore IPO with a focus on agrochemicals.</li><li>The IPO includes a fresh issue of shares and an offer-for-sale component with various selling shareholders.</li><li>Proceeds from the IPO will be used for repayment of borrowings and subsidiary Shogun Organics Ltd.</li><li>Book-running lead managers for the issue are JM Financial Ltd., Axis Capital Ltd., and SBI Capital Markets Ltd.</li></ul>

Safex Chemicals Files Draft Papers For Rs 450 Cr IPO

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