Open Date : 19 dec 2023
Close Date : 21 dec 2023
Price Band : 808–850 per share
Lot Size: 17
With over 40 years of experience of manufacturing and supplying quality and complex components according to customers specifications.
A leading player in the domestic crankshaft manufacturing industry with the second largest production capacity for commercial vehicle and high horse-power industrial crankshafts in India is ready for IPO.
Objective:
-Purchase of equipment, plant and machinery.
-Prepayment of all or a portion of certain outstanding borrowings availed by the Company
-General corporate purposes
Industry Segments :
– Automotive
– Railway
– Agriculture
– Engine & Power Generation
– Oil & Gas
– Construction & Mining
Competitor:- Bharat Forge.
Customers:
– SML ISUZU
– Tata Motors
– JCB
– Mahindra
– Yanmar
– Ashok Leyland
– IGW
Strength:
– Global Presence
– Diversified Product Portfolio
– Impressive Revenue Growth
Weakness :
– Dependency on the Automotive Sector
🪝🚚 APPLY FOR LISTING GAIN AS WELL AS LONG TERM IN THIS UNIQUE IPO🚜🚅
Commodity Samachar
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