Lalbaba Engineering files DRHP for IPO, Eyes INR 1000 Crore Fund
Lalbaba Engineering has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI for its Initial Public Offering (IPO) worth INR 1000 crore. The proceeding will be utilised for funding capital expenditure requirements for expansion of its Haldia facility, repayment of certain borrowings and general corporate purposes. Oct 01, 2025 Lalbaba Engineering, a […]
German Green Steel & Power Files Draft for INR 450 Crore IPO to Expand Gujarat Operations
Gujarat-based German Green Steel & Power submits DRHP to SEBI for INR 450 crore IPO, funding capacity expansion and renewable power integration. Jul 8, 2025 Gujarat-based German Green Steel and Power Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise INR 450 crore through an IPO. The issue comprises a fresh equity issuance […]
Rajputana Stainless Refiles DRHP: Focus on Debt Cut and Pipe Plant
Gujarat-based Rajputana Stainless has refiled its DRHP with SEBI in June 2025, reducing the fresh issue to INR 98 crore repayment and allocating INR 18.3 crore for a seamless‑pipes plant expansion. Jun 23, 2025 Gujarat-based long and flat stainless steel products manufacturer, Rajputana Stainless, has refiled its Draft Red Herring Prospectus (DRHP) with SEBI in June 2025, […]
Scoda Tubes Announces IPO Worth INR 220 Crore
Around INR 77 crore will be used to enhance the company’s manufacturing capabilities for both seamless and welded tube products while INR 110 crore is planned to address incremental working capital needs, with the balance allocated toward general corporate expenses. May 23, 2025 Scoda Tubes has announced an INR 220 crore Initial Public Offering (IPO) […]
PS Raj Steels Announces INR 28.28 Crore IPO
The IPO will open for subscription on February 12 and close on February 14, 2025. It is a 100 percent fresh issue of 20.20 lakh shares and the price band has been set at INR 132-140 per share, with a face value of INR 10 per share. Feb 10, 2025 PS Raj Steels Private Limited, […]
Sambhv Steel Tubes Get SEBI’s Nod for INR 540 Crore IPO
The IPO of Sambhv Steel Tubes comprises a fresh issue of equity shares valued at INR 440 crore and an offer for sale (OFS) of shares worth INR 100 crore by promoters. Jan 29, 2025 Sambhv Steel Tubes has received approval from the market regulator, Securities and Exchange Board of India (SEBI), to raise funds […]
Malpani Pipes and Fittings Gets BSE Nod for IPO
BSE has given approval to Malpani Pipes and Fittings Limited to launch an IPO which aims to raise INR 25 crore. Jan 4, 2025 The Bombay Stock Exchange (BSE) has given in-principal approval to Malpani Pipes and Fittings Limited to launch an initial public offering that aims to raise INR 25 crore. BSE has paved […]
Newmalayalam Steel Limited Opens INR 41.76 Crore IPO
The pipes and tubes manufacturer aims to raise INR 41.76 crore through its SME IPO, which is entirely a fresh issue of 46.40 lakh shares, available in the price range of INR 85-90 per share, with no offer for sale component. The offering will close for subscription on December 23. The company’s shares are expected […]
MIPPL Launches MS VAYU; Plans to Invest INR 2000 Crore in Next 5 Years
In order to establish itself as a household name, Maruti Ispat & Pipes Private Limited intends to diversify its business across other segments and hold an initial public offering (IPO) in FY26. It further plans to expand its outreach to the Northern and Eastern regions of the country. By investing INR 2,000 crore, MIPPL plans […]
Venus Pipes & Tubes to Invest in Capacity Expansions of Hollow Pipes
Venus Pipes & Tubes serves various diversified sectors & applications, and exports to twenty countries. Gujarat-based Venus Pipes & Tubes Ltd. has made a positive debut on the Bombay Stock Exchange (BSE) with the stock rising to INR 351 as compared to the issue price of INR 326. The Initial Public Offering (IPO) of the […]
