New Delhi : Construction and infrastructure firm RKCPL Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,250 crore through an initial public offering (IPO).The Haryana-based company aims to mobilise Rs 700 crore through a fresh issue of equity shares and Rs 550 crore through an offer-for-sale, aggregating to a total issue size of Rs 1,250 crore, according to the draft red herring prospectus (DRHP) filed on Wednesday.

As part of the offer-for-sale, shareholders Naresh Kumar and Krishan Kumar Goyal will offload shares worth Rs 275 crore each.Proceeds from the fresh issue will be deployed to strengthen the company's operations and balance sheet.Of the Rs 700 crore fresh issue, about Rs 200 crore has been earmarked to meet working capital requirements, while

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