Rajesh Power Services plans IPO, files DRHP

Rajesh Power Services Ltd (RPSL) has announced the filing of its draft red herring prospectus (DRHP) with BSE SME. The company’s initial public offering (IPO) comprises a fresh issuance of 27.90 lakh equity shares, each with a face value Read more

Transrail Lighting seeks to raise Rs.450 crore through IPO, files papers

    Transrail Lighting Ltd (TLL) is entering the market with its initial public offering (IPO) of equity shares, aiming to mop up Rs.450 crore. The Mumbai-headquartered company has already filed the draft red herring prospectus (DRHP) with Securities & Read more

V-Marc | T&D India

Cable maker V-Marc set to become Uttarakhand’s first mfg co to get NSE listing

V-Marc India Ltd, a wire and cable manufacturer based in Haridwar is set to become the first manufacturing company in Uttarakhand to potentially list its equity shares on the National Stock Exchange, V-Marc India said in a release. The Read more

RITES

RITES helps Indian Railways cut power procurement costs

Indian Railways has been able to significantly cut its power procurement costs, thanks to the helpful intervention of RITES Ltd, a Central PSU under the ministry of railways. Addressing the media at a recent press conference in Mumbai, Read more