Business News | Core4 Engineers Limited Files DRHP With BSE SME

PNN

Mumbai (Maharashtra) [India], March 31: Core4 Engineers Limited is an Engineering, Procurement, Construction and Commissioning (EPCC) company provides integrated infrastructure solutions across multiple domains, with a primary focus on the railway infrastructure, power transmission & distribution, and water & wastewater treatment sectors. The company has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO. The issue size will be of upto 58,94,400 Equity Shares of face value of ₹ 10 each.

Also Read | Did Gucci Really Launch INR 50,000 Baby Diapers? Here's the Truth Behind the Viral Claim.

As Core4 Engineers Limited moves forward with its IPO plans, the funds raised will be used in funding capital expenditure for the acquisition of a property comprising land and an existing building, proposed to be utilized for establishing and operating a new manufacturing unit and corporate office, funding incremental working capital requirements, general corporate purposes and issue related expenses.

Socradamus Capital Private Limited has been appointed as the Book Running Lead Manager to the Issue, while Purva Sharegistry (India) Private Limited will serve as the Registrar to the Issue.

Also Read | Meta Tests ‘Instagram Plus’ Subscription for Advanced Story Features in Select Markets.

About Core4 Engineers Limited

Core4 Engineers Limited is an EPCC company providing integrated infrastructure solutions across multiple domains, with a primary focus on the railway infrastructure, power transmission & distribution, and water & wastewater treatment sectors. The company's expertise spans the entire project lifecycle design engineering, procurement, erection, testing, commissioning, and operation & maintenance ("O&M").

The company is incorporated with the vision of delivering technically robust and cost-effective engineering solutions. It offers end-to-end project execution capabilities covering design, engineering, procurement, project management, construction, installation, testing and commissioning.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)