Upcoming IPO: Karnataka-based Vinir Engineering files DRHP with SEBI to raise funds via IPO; Details here | Stock Market News
Source: Live Mint
Vinir Engineering Ltd, an integrated engineering solutions company, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO).
The IPO comprises an offer-for-sale (OFS) of up to 53.3 million equity shares with a face value of ₹2 each. The OFS will be entirely undertaken by the promoter selling shareholder, Nitesh Gupta.
Vinir Engineering Limited is an integrated engineering solutions company engaged in the manufacturing of specialised, critical and heavy, precision-forged and machined components for a wide range of industries and applications
