Cox and Kings (India), one of the oldest and most reputed travel organizations in India operating as a one-stop-shop for all travel related products, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator (SEBI) to enter the capital market.

The company will soon come with its Initial Public Offering (IPO) of 18,496,640 equity shares of Rs 10 each for cash.

The objects of the Issue are to provide funding for capital expenditure towards operational headquarters and corporate offices, upgrade its existing operations, set up new shops, Investment in overseas subsidiaries, repayment of loans, acquisitions and general corporate purposes.

The equity shares are proposed to be listed on Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

Karvy Computershare private limited is the registrar to issue while, Enam Securities Private Limited has been appointed as book running lead manager to the issue.