IPO: Innova Captab may be a good buy after a post-listing re

IPO: Innova Captab may be a good buy after a post-listing review

The promoters Manoj Kumar Lohariwala and his brother Vinay Kumar Lohariwala are diluting their stakes from 67% to 52%. Of the issue proceeds, ₹168 crore would be used toward debt repayment and ₹72 crore for working capital requirements.

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