Its IPO of upto INR 5,400.00 million comprises of both a fresh issue and offer for sale from its existing shareholders/promoters.
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The company's business is vulnerable to changes in government policies, budget payouts, and bureaucratic hurdles that can delay government infrastructure projects.
The IPO is being managed by Centrum Capital, Intensive Fiscal Services, and Motilal Oswal Investment Advisors as the book-running lead managers
Oswal Pumps manufactures various pumps such as submersible pumps, Centrifugal Pumps, and Mono-block Pumps.
Kent RO Systems IPO is completely an offer-for-sale (OFS) of 1 crore equity shares of the promoters.
The IPO offer is for a fresh issue shares aggregating to a total amount of up to INR 2,200 m. There is no offer for sale.
The company's offerings are meant to address the increasing need for reliable and efficient power solutions in India. Prostarm Info Systems Limited has a focus on R&D.
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