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Ahead of IPO, Millworks Tech raises nearly Rs 44 cr from anchor investors

Markets-Economic Times · 1h ago · 🇮🇳 India
Ahead of IPO, Millworks Tech raises nearly Rs 44 cr from anchor investors

Millworks Technologies has successfully garnered Rs 44 crore from its anchor investors ahead of its public offering set to commence on July fourteenth. This large-scale IPO, amounting to Rs 160.33 crore, will close on July sixteenth. Renowned for its precision components across multiple sectors, the firm plans to utilize the raised funds to bolster capital expenditures and meet working capital demands.

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