Skip to main content

MoneyWorks4Me

Optiemus Infracom setting up factory for mobile manufacturing in Noida

28 Dec 2020 Evaluate

Optiemus Infracom is setting up a new factory for mobile manufacturing in Noida, which is expected to be operational by early February. The company has plans to raise Rs 285 crore from sale of one of its buildings in Noida to Kailash Darshan Housing Development (Gujarat), which the company plans to utilize towards mobile manufacturing business, repay the existing loans and reduce interest burden and for general business purpose.

Optiemus Infracom is engaged in leasing, equity trading, equity research, and loan syndication services. The company is also in the business activities of Renting of Immovable Property, Telecommunications - Mobiles handset and Accessories.

Peers
Company Name CMP
Redington 331.35
Adani Enterprises 2703.85
Amrapali Industries 33.98
Maxgrow India 175.30
Rashi Peripheral 679.25
View more..