The proposed IPO is likely to be a combination of a fresh equity issuance and an offer for sale (OFS) by existing shareholders.
JM Financial, BofA Securities India and Motilal Oswal Investment Advisors are the book-running lead managers to the issue.
Email queries to the company and the bankers went unanswered.
In the confidential IPO filing route, issuers are allowed to keep their initial draft prospectus confidential from the public domain until the regulatory review process reaches an advanced stage.
Aditya Birla Capital, Motilal Oswal Alternates and HDFC Ltd have been investors in projects of Assetz, founded by Ben Salmon and Rajpal Singh Chaudhary in 2006.
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