Real estate developer Assetz Ltd has filed preliminary documents with the Securities and Exchange Board of India (SEBI) to launch an initial public offering.
The company plans to raise ₹1,200 crore through the issue, which is being backed by Singapore-based private equity firm AGP Partners.
The filing was submitted via the confidential route, a mechanism that allows companies to file draft red herring prospectuses without publicly disclosing the documents until closer to the listing date.
This approach is increasingly favored by firms seeking to manage market expectations and competitive sensitivity during the book-building process.
Assetz joins a growing cohort of Indian companies utilizing the confidential filing route.
Recent activity includes filings by Master Chains N Jewels Ltd and Pristine Logistics & Infraprojects Ltd, signaling a broader trend in the domestic capital markets.