PNN

Mumbai (Maharashtra) [India], April 2: Monomark Engineering (India) Limited provides Industrial Operations and Maintenance ("O&M") services, Metal Fabrication solutions and Industrial Project Execution services to diversified industrial clients. The company has filed its Draft Red Herring Prospectus with BSE & NSE in preparation for the IPO. The issue size will be of upto 2,70,00,000 Equity Shares of face value of ₹ 10 each.

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As Monomark Engineering (India) Limited moves forward with its IPO plans, the funds raised will be used in funding the incremental working capital requirements and it will flow directly into the company's operations.

Holani Consultants Private Limited has been appointed as the Book Running Lead Manager to the Issue, while Bigshare Services Private Limited will serve as the Registrar to the Issue.

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About Monomark Engineering (India) Limited: Monomark Engineering (India) Limited is engaged in the business of providing Industrial Operations and Maintenance (O&M) services, Metal Fabrication solutions, and Industrial Project Execution services to a diversified base of industrial clients across multiple sectors such as metals, cement, ports, and engineering/OEMs.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

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