The revenue share of 83 Tier-II and -III companies increased steadily over the past seven quarters to hit a record 17.7% of the aggregate rupee-denominated revenue for a sample of 88 IT companies in the December quarter while their net profit share was also at a record 14.5%.
Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue
Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO).
July 6, 2025