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Allied Engineering Works Submits IPO Papers to SEBI; Eyes INR 400 Crore via Fresh Issues

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Allied Engineering Works has filed draft papers with SEBI for an IPO comprising a fresh issue of shares worth INR 400 crore to fund its expansion plans, including capital expenditure for new manufacturing facilities. July 07, 2025 Allied Engineering Works has submitted draft papers to the Securities and Exchange Board......
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Ram Ratna Wires Kick-Starts Production At New Rajasthan Facility

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Ram Ratna Wires Limited (RRWL) began commercial production at its new manufacturing facility in Bhiwadi, Rajasthan. The major focus would be on the production of high-quality winding wires across domestic and international markets.  Jun 16, 2025 Ram Ratna Wires commenced commercial production at its new manufacturing facility in Bhiwadi, Rajasthan.......
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Polycab Inks Agreement with BSNL worth INR 3,003 Crores for Bihar Project under BharatNet Phase-III.

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Polycab has signed an agreement with BSNL to develop, upgrade, operate and maintain the middle-mile network in Bihar under BharatNet Phase-III. Mar 12, 2025 Polycab has signed an agreement with BSNL for the Package 7, valued over INR 3,003 Crores, to develop, upgrade, operate and maintain the middle-mile network in......
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Lumino Industries Files Draft Papers to Raise INR 1,000 Crore via IPO

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Lumino Industries has filed preliminary papers with the capital markets regulator SEBI. The IPO is a combination of fresh issue of INR 600 crore, and an offer-for-sale of INR 400 crore worth shares by promoters Devendra Goel, and Jay Goel. Jan 20, 2025 Kolkata-based conductors & power cables maker, Lumino......
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Vidya Wires Files DRHP to Raise INR 320 Crore

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Vidya Wires Limited has filed a Draft Red Herring Prospectus (DRHP) with SEBI.  The company plans to raise INR 320 crore with the fresh issue of equity shares having face value of INR 1 each. It proposes to utilize the net proceeds towards funding capital expenditure requirements for setting up......
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Power Grid Inks MoU with RRVPNL to Develop Intra-State Transmission Projects in Rajasthan Worth INR 10,000 Crore

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Power Grid to incorporate a joint venture company with Rajasthan Rajya Vidyut Prasaran Nigam Limited for the development of an intra state transmission system in Rajasthan. Mar 18, 2024 The Power Grid Corporation of India has executed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL)......
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Bansal Wire Industries to Raise INR 745 Crore through IPO

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Bansal Wire Industries has filed draft papers with SEBI to raise INR 745 crore through an initial public offering for the payment of debt, to support the company’s working capital requirements, and for general corporate purposes. Jan 19, 2024 Bansal Wire Industries, a leading steel wire manufacturer, has filed draft......
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