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Renfra Energy India is gearing up to unveil its Initial Public Offering (IPO), targeting Rs 430 crore by issuing new shares. In addition, the company intends to execute an Offer-for-Sale involving more than 47 lakh shares. The funds will be allocated towards debenture redemption, boosting working capital, and fulfilling general corporate requirements.
Read MoreTMC Transformers is set to launch an Initial Public Offering (IPO) aiming to raise up to Rs 550 crore. The funds will primarily finance a new Extra High Voltage transformer manufacturing facility in Gujarat. The company, a leader in specialized traction transformers for Indian Railways, boasts impressive revenue growth and strong profit margins, highlighting its robust manufacturing capabilities and market position.
Read MoreInnoterra Ltd, the Indian arm of Swiss agritech firm Innoterra AG, is preparing for an Initial Public Offering (IPO). The company plans to raise funds through a fresh issue of shares and an Offer-for-Sale by existing shareholders. Proceeds will be used for expanding milk collection infrastructure, working capital, and potential acquisitions. Innoterra operates as a leading B2B milk procurement platform, connecting farmers with institutional buyers via its technology-driven network.
Read MoreThe company plans to deploy the IPO proceeds to acquire Falcon Yarns, meet working capital requirements, and support general corporate purposes.
Read MoreThe IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price band has been fixed at Rs 161-170 per share, with investors able to bid for a minimum of 88 shares.
Read MoreTamil Nadu-based Stalwart People Services has filed its DRHP with Sebi to raise Rs 150 crore through a fresh issue of shares, alongside an offer for sale by promoters. The security, facilities management and staffing services company plans to use the proceeds for working capital, debt repayment and general corporate purposes.
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