The IPO, with an overall subscription of 2.66 times, was entirely an Offer for Sale. Analysts recommend subscribing for long-term investment due to the company’s strong financial growth and AI-driven ...

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The issue is a mix of fresh issue worth Rs 225 crore and an offer for sale (OFS) of 1.49 crore shares. Net proceeds from the IPO will be used for acquisition of Mehru Electrical and Mechanical ...