With production in India and subsidiaries in the U.S., Netherlands, and Ireland, the Company supplies a variety of customers throughout the world.
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With production in India and subsidiaries in the U.S., Netherlands, and Ireland, the Company supplies a variety of customers throughout the world.
The IPO consists of a fresh issue and an Offer for Sale. The majority of the issue comprises of the Offer for Sale component.
The company has also grown its international presence through M&A in the US.
Supported by global R&D and strong local manufacturing, it manufactures automobile parts that comply with BS-VI and Euro 6 standards.
Fresh issue comprises the majority of the IPO. A significant chunk of the fresh issue proceeds is earmarked for M&A and strengthening its technology infrastructure.
The IPO comprises a fresh issue and an offer for sale.
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Stocks in focus on year-end: PowerGrid wins BESS project, RITES bags $3.6 mn order, Privi sees ₹700 Cr block deal, IFCI exits NEDFi stake, Bharat Forge wins ₹1,662 Cr defence order.
RITES wins $3.6 mn order from Zimbabwe firm for diesel electric locomotives, to be executed in 3 months; stock up 2.45%.
IHCL takes an exit from TAJ GVK Hotels. Shalini Bhupal acquires 25% stake for 592 crores
Power Grid Corporation of India Limited secures a letter of award for developing a large-scale battery energy storage system in Andhra Pradesh.
Stocks in focus on year-end: PowerGrid wins BESS project, RITES bags $3.6 mn order, Privi sees ₹700 Cr block deal, IFCI exits NEDFi stake, Bharat Forge wins ₹1,662 Cr defence order.
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