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Power engineering solutions provider Bilpower’s subsidiary Tarapur Transformers is planning to enter capital market with a public offer and would file draft papers with Sebi by next week. Tarapur Transformers Ltd is coming out with an initial public offer (IPO) of 85 lakh equity shares.

 

In this regard Tarapur Transformers is filing draft red hearing prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) next week, it said. The public issue will be based on a 100 per cent book building process. However, the company didn't disclose financial details in this regard.

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Peers
Company Name CMP
Waaree Energies 2555.00
Apar Industries 16051.80
Havells India 1123.80
Suzlon Energy 41.92
Siemens 3625.00
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