CJ Darcl Logistics files initial papers for IPO

​CJ Darcl Logistics Limited, a diversified logistics company, has filed its draft red herring prospectus with market regulator Securities and Exchange Board of India. The offer comprises a fresh issue of shares worth ₹340 crore and offer for sale up to 54.31 lakh shares by existing shareholders.The OFS comprises of 3.69 lakh shares by Krishan Kumar Agarwal, 2.03 lakh shares by Roshan Lal Agarwal, 2.31 lakh shares by Narender Kumar Agarwal (promoters); 5.78 lakh shares by Vineet Agarwal, 5.29 lakh shares by Sushma Agarwal, 4.47 lakh shares by Puneet Agarwal, 4.46 lakh shares by Samiha Agarwal, up to 4.25 lakh shares by Nitesh Agarwal and 3.36 lakh shares by Darshan Kumar & Sons (HUF); and 2.89 lakh shares by Tek Chand Agarwal (HUF) (other selling shareholder).