India’s rare indigenous developer of IGBT-based 3-Phase Drive Propulsion Equipment for electric locomotives hits the mainboard with a Rs 290 crore fresh issue MV Electrosystems Ltd. (MVEL), a technology-driven company engaged in the design, development, and manufacturing of electrical and power electronics equipment for railway rolling stock, opens for subscriptionContinue Reading

The world’s largest manufacturer of Metal Injection Molding components hits the market with a ~Rs 3,812 crore issue Indo-MIM Ltd., the global leader in precision engineering components manufactured using Metal Injection Molding technology, opens for subscription on July 23 with the issue closing on July 27. With over 25 yearsContinue Reading

The global leader in woven Raffia machinery — supplying nearly 100 countries — hits the market with a Rs 1,102 crore pure offer-for-sale Lohia Corp Ltd., one of the leading global manufacturers of machinery and equipment for technical textiles, opens for subscription on July 23 with the issue closing onContinue Reading

India’s largest privately listed road InvIT converts to a public trust with a Rs 5,000 crore offer-for-sale Cube Highways Trust, an infrastructure investment trust sponsored by Cube Highways and Infrastructure V Pte. Ltd., opens for subscription on July 22 with the issue closing on July 24. The trust is transitioningContinue Reading

India’s largest mutual fund house — the company behind SBI Mutual Fund — hits the market with a nearly Rs 9,892 crore offer-for-sale SBI Funds Management Ltd. (SFML), the largest asset management company in India by quarterly average mutual fund assets under management, opens for subscription on July 14 withContinue Reading

A Gujarat-based vertically integrated textile manufacturer hits the market with a Rs 126 crore issue Alpine Texworld Ltd., an Ahmedabad-based vertically integrated textile manufacturer with capabilities in both weaving and spinning, opens for subscription on July 14 with the issue closing on July 16. Incorporated in 2016, the company commencedContinue Reading