Behari Lal Engineering IPO
Behari Lal Engineering IPO will likely be a recent concern aggregating as much as Rs 110 crore and an offer-for-sale (OFS) of as much as 7,854,521 fairness shares by current shareholders. The promoting shareholders embrace promoters – Rajesh Garg and Lovlish Garg, promoter group members, Yogita Garg, promoter Group Promoting Shareholder, Dinesh Kumar Garg (HUF), and investor shareholder SG Tech Engineering Non-public Restricted.
The provide is being made by way of the book-building course of. Proceeds from the recent concern will likely be utilised in the direction of funding capital expenditure necessities, compensation or prepayment of borrowings, and normal company functions.
Behari Lal Engineering was based in Punjab in 1995 beneath the identify Behari Lal Ispat Non-public Restricted. In 2024, the corporate was transformed right into a public restricted entity and renamed Behari Lal Engineering Restricted to replicate its bigger scale and broader product portfolio. The corporate is a famend producer of engineering castings, alloy metal merchandise, and metallic rolls, all of that are important elements in industries together with metal, energy, and heavy engineering.
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CSM Applied sciences IPO
CSM Applied sciences affords digital transformation, GovTech and IT consulting providers. The IPO, with a face worth of Rs 10 per fairness share, consists totally of a recent concern of as much as 1,29,01,000 fairness shares, with no offer-for-sale (OFS) part.
The proceeds from the recent concern will likely be utilised in the direction of funding development initiatives, strengthening technological infrastructure, compensation/prepayment of sure borrowings, and normal company functions.
Based in 1998 as Cybertech Software program & Multimedia Pvt. Ltd., the corporate was renamed CSM Applied sciences Pvt. Ltd. in 2014 and transformed right into a public firm in 2025. The corporate has subsidiaries within the USA, UAE, Canada, Kenya, and Rwanda, together with an Indian subsidiary, Kwantify Options Pvt. Ltd.
The promoters of the corporate are Priyadarshi Pany and Lagna Panda.
For FY2025, CSM Applied sciences reported consolidated income from operations of Rs 1,992.4 crore, in comparison with Rs 1,967.1 crore in FY2024 and Rs 1,604.4 crore in FY2023. Revenue after tax rose to Rs 129.9 crore in FY2025, from Rs 104.3 crore in FY2024 and Rs 80.0 crore in FY2023.
The Guide Working Lead Supervisor to the problem is Keynote Monetary Providers Restricted, and the Registrar to the problem is KFin Applied sciences Restricted.
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