An engineering document for ₹ 400 CR IPO, to support the production of meter production

New Delhi: Energy Engineering Works, Power Manufacturers with Powerful Energy, Filed the Draft with SEBI to raise funds through the public stock. Offers includes shares worth 400 crore and offer of Asngosh Preel (DRHP) on Saturday.

Using the IPO Prosts

The company plans to use iPo procives mainly to expand production infrastructure. About 116.75 crore will be spent to create a smart meter, smart meters, water, and iot solutions kundli Facilities, while Rs 99.71 crore will be allocated to electric meter production club Scate Facility.

In addition, 120 Ret 120 crore will find future funding needs. Part of the raised capital will also be used for the purpose of the general company.

The company may also be up to 80 crore Rs Place before IPO. If this happens, fresh problems will be adjusted.

There is a strong industry

The work Engineering is a company with technological focus on smart infrastructure. It supports the Indian facilities in improving power distribution systems and energy efficiency. By March 31, 2025, the company provided 2.92 million Smart Smart meters Advisory provider of one technical service provider with advanced height (Amisps). These meters are used throughout six states, including Andhra Pradesh, Gujarat, Maharashtra, Haryana, Punjab, and Uttar PradeshCover on 10% of the meter installation used in smart In India, according to science reports.

Industrial and consultant peers

Company competing with players Currency Power, HPL electricity, Safe, avon meterAnd Power system.

The capital of capital and ifirs are expressed as Trademark IPO process management.

(With PTI Input)