Executive Centre India files draft papers with Sebi to raise Rs 2,600-cr via IPO

Executive Centre India has filed preliminary papers with Sebi to raise Rs 2,600 crore through an IPO, consisting entirely of a fresh issue of equity shares. The funds will be used for investments in subsidiaries and part-payment for acquiring step-down subsidiaries. The company’s revenue grew by 27.59% to Rs 1,322.643 crore in FY25, with an EBITDA of Rs 713.32 crore.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *