This is Harsha Engineers' second attempt to go public. It had filed its draft papers with the regulator in August 2018 but later shelved the proposal due to the IL&FS crisis, which shook the NBFC (non-banking financial company) sector.
Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 755-crore initial public offering (IPO).
NEW DELHI, Sept 9:Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 755-crore initial public offering (IPO). The initial share-sale will open for public subscription on September 14, and conclude on September 16, the company announced. The Rs 755-crore public issue consists of a fresh issue of equity shares aggregating to Rs 455 crore, and an offer-for-sale (OFS) of up to Rs 300 crore […]
Get latest articles and stories on Latest News at LatestLY. Harsha Engineers International, a manufacturer of precision bearing cages, has filed a preliminary prospectus with markets regulator Sebi to raise Rs 755 crore through an initial public offering (IPO). Latest News | Harsha Engineers Files Draft Papers with Sebi to Raise Rs 755 Cr Via IPO.