IPO

Bonfiglioli Transmissions appoints Ravindra Pisharody as chairperson, adds two independent directors

Bonfiglioli Transmissions Limited has appointed Ravindra Pisharody as Chairperson and Independent Director and inducted Sundaresan Ananthanarayanan and Rossella Schiavini as Independent Directors to its board. The appointments are aimed at strengthening the company’s board composition and governance framework, with the new roles taking effect from February 2026. Pisharody has been elevated to the position of […]

Neolite ZKW Lightings plans Kancheepuram manufacturing facility, capacity upgrades

Neolite ZKW Lightings Limited plans to expand its manufacturing footprint and upgrade production capacity as part of its proposed initial public offering, with investments spanning a new greenfield facility and equipment additions at existing plants. The expansion is intended to support higher volumes and increased electronic content in automotive lighting systems as the company scales […]

Aequs IPO Draws 101.63 Times Subscription on Strong Institutional Demand

Aequs Limited, a vertically integrated precision manufacturing company focused on the aerospace sector, saw its INR 9.22 billion initial public offering close with an overall subscription of 101.63 times. The offer drew bids for 4.27 billion shares against 420.27 million shares on offer, reflecting strong demand across investor categories. The IPO, which was open for […]