Aprameya Engg files DRHP for IPO

Aprameya Engineering, a medical gear producer, has filed preliminary paperwork with capital markets regulator SEBI to lift funds through an preliminary public providing (IPO).

The IPO would encompass a recent difficulty of as much as 50 lakh fairness shares of the agency, with no provide on the market (OFS) part, in accordance with a draft crimson herring prospectus (DRHP) submitted with SEBI on Thursday.

The funds can be utilised for working capital and different firm functions.

The corporate is engaged within the enterprise of healthcare infrastructures, equivalent to turnkey set up, setup, and upkeep of ICUs, working rooms, and prefabricated construction wards, in addition to the supply of high-value healthcare gear and diagnostic gear to hospitals.

Hem Securities Ltd is the problem’s sole book-running lead supervisor. The corporate plans to checklist fairness shares on the BSE and NSE.

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