The planned IPO targets a Rs 3,000 crore fundraising through a mix of new shares and an offer for sale. The OFS comprises up to 32 lakh equity shares, with major contributions from Waaree Sustainable Finance Private Limited, Chandurkar Investments Private Limited, and Samir Surendra Shah.
Ashi Anand sees defence indigenisation as key growth driver
IME Capital’s CEO, Ashi Anand, sees strong growth in Indian defence stocks due to indigenization efforts, despite Bharat Electronics’ slightly below-expected revenue. However, Coal India