BUSINESSCNBC-TV18 Markets · 2 hours agoLive
Electromech Infraprojects files DRHP for IPO with fresh issue of up to ₹326 crore
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
The filing shows Electromech Infraprojects is seeking to raise up to ₹326 crore, and its FY26 revenue and profit figures give investors a sense of its financial health before the shares become publicly traded.
WHAT HAPPENED
Electromech Infraprojects has filed its DRHP for a proposed IPO comprising a fresh issue of up to ₹326 crore and an offer for sale of up to 18,91,000 equity shares. The mechanical, electrical and plumbing solutions provider reported FY26 consolidated revenue from operations of ₹427.05 crore and profit after tax of ₹36.19 crore.
WHAT TO WATCH
- •Details on the final issue price and valuation when the IPO is priced
- •Investor subscription levels and allocation outcomes
- •The timeline for the listing of Electromech Infraprojects on the stock exchange
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