27 Dec 23
29 Dec 23
₹52 to ₹55
01 Jan 24
03 Jan 24
Incorporated in 2008, Akanksha Power and Infrastructure Limited is in the business of providing sustainable and reliable power solutions. The company started its commercial operation in 2010, as an ‘input-based rural power distribution franchise (DF)’ in Khaira Electrical Subdivision, Balasore, Odisha. Akanksha Power and Infrastructure has two manufacturing facilities in Nashik, Maharashtra, and makes electric equipment. This includes electrical panels, instrument transformers, and vacuum contactors, catering to a diverse range of clients such as institutions, industries and electricity transmission and distribution utilities.
Akanksha Power and Infrastructure Limited plans to utilize the raised capital from the IPO to: ● To fund the working capital requirements and working expenditure requirements. ● General corporate purposes. ● For funding public issue expenses.
The book-running lead managers to the offer are: Narnolia Financial Services Limited
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