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  Regreen-Excel EPC India has filed draft papers with the markets regulator for an initial public offer (IPO), according to the draft red herring prospectus filed by the company. The issue has a combination of a fresh issue of equity shares worth up to Rs 350 crore and an offer for sale (OFS) of 1.14 crore equity shares by selling shareholders, including Sanjay Shrinivasrao Desai, Tushar Vedu Patil, Alimuddin Aminuddin Sayyed, Kiran Sudhakar Gavali, Rokesh Luis Mascarenhas and Sagar Satish Raut, showed the draft papers filed with SEBI. The company proposes to deploy the net proceeds towards funding capital expenditure requirements, re-payment or pre-payment, of certain borrowings and funding margin money requirements for the purpose of availing the bank guarantees. IIFL Securities and ICICI Securities are acting as book running lead managers to the issue. Link Intime is the official registrar to the issue. The shares of the company are proposed to be listed on both NSE and BSE. The com