Patil Automation, a Pune-based automation and robotics solutions provider, is set to debut on the NSE SME platform following a highly successful IPO that was oversubscribed by 101.42 times. The IPO, consisting of a fresh issue of 58 lakh shares, saw strong interest from various investor categories, with proceeds earmarked for a new manufacturing facility and debt repayment.
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).