Kolhapur-headquartered private sector lender RBL Bank (formerly Ratnakar Bank) has filed its draft offer documents with capital markets regulator SEBI to raise ₹1,100 crore through a fresh issue of equity shares.

The IPO will also include an offer for sale component of over 1.75 crore shares, including over 95 lakh shares by Beacon India Private Equity and another 35.25 lakh by GPE India.

The draft offer documents also mention that RBL Bank is considering a pre-IPO placement of up to 2.5 crore equity shares for up to ₹500 crore.

If the pre-IPO placement is completed, the number of equity shares in the IPO will be reduced accordingly.

The public issue, which will be done through a book-building process, will be managed by Kotak Investment Banking, Axis Capital, Citi Global Markets, Morgan Stanley, HDFC Bank, ICICI Securities, IDFC, SBI Capital Markets and IIFL. Link Intime is the registrar to the issue.

RBL Bank intends to utilise the fresh funds raised to meet its future capital adequacy requirements to conform to Basel III norms. For the year ended March 2015, RBL’s net profit stood at ₹207 crore. Total interest income for FY15 increased 44 per cent to ₹1,953 crore from ₹1,352 crore in the previous year.