In Short : Laser Power & Infra Ltd has filed draft papers with SEBI for a ₹1,200 crore IPO, comprising a ₹800 crore fresh issue and ₹400 crore OFS by promoters. Proceeds will partly repay ₹600 crore of debt. The Kolkata-based power cable manufacturer reported FY25 revenue of ₹2,570 crore and profit of ₹106 crore. […]
Powerica Files ₹1,400 Crore IPO Plan to Cut Debt and Fuel Expansion – EQ
In Short : Powerica, a prominent power solutions provider, has filed draft papers with SEBI for a ₹1,400 crore IPO, comprising a fresh share issue and an offer for sale by existing stakeholders. The funds raised will be used for debt repayment, business expansion, and boosting working capital, aiming to strengthen the company’s growth and […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Cut Debt and Boost Growth – EQ
In Short : Inox Wind plans to raise ₹1,249.33 crore through a rights issue by offering 10.41 crore shares at ₹120 each, a 27% discount to market price. Shareholders will get 5 shares for every 78 held. The issue opens on August 6 and closes on August 20, with proceeds used for debt reduction, preference […]