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Trailer axle and suspension assembly manufacturer Kross has filed draft papers on November 30th last year for Rs 500-crore IPO.
Proceeds from the fresh issue will be used to set up new dedicated unit for expansion of the company's pick and carry cranes manufacturing capacity, payment of debt, investment in the company's NBFC subsidiary Barota Finance.
Shares of Indo Farm Equipment, Vibhor Steel Tubes, and Saraswati Saree Depot will be listed on the BSE and the NSE
Saraswati Saree Depot IPO: The IPO comprises a fresh issue of 72.45 lakh equity shares and an offer-for-sale (OFS) of 35.55 lakh shares by the promoter group