Markets · 1 sources covering this

Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO

Behari Lal Engineering Ltd has secured Rs 90.48 crore from anchor investors. The integrated iron and steel manufacturer's IPO opens for subscription on August 12. The company plans to utilize fresh issue proceeds for facility upgrades and expansion. Funds will also support solar panel installation and debt repayment. The public issue comprises a fresh issue and an offer-for-sale.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO
Behari Lal Engineering Ltd has secured Rs 90.48 crore from anchor investors. The integrated iron and steel manufacturer's IPO opens for subscription on August 12. The company plans to utilize fresh issue proceeds for facility upgrades and expansion. Funds will also support solar panel installation and debt repayment. The public issue comprises a fresh issue and an offer-for-sale.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/f608a511a67979e05c7a3a7588d33c8fb43f8698"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO"></iframe>

Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO

How 1 sources are covering this

Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO

More from Markets

Shiprocket raises ₹727 crore from anchor investors ahead of IPO launch on Wednesday

Shiprocket draws Goldman Sachs, HDFC MF, SBI MF and others to Rs 727 crore anchor round ahead of IPO

Gold edges higher near two-month peak ahead of US inflation data

Ahead of Market: 10 things that will decide stock market action on Wednesday

Reader

Trust & legal

Across the network