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Aprameya Engineering files IPO papers with SEBI

12 Sep 2022 Evaluate

Aprameya Engineering has filed draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The IPO comprises the sale of fresh issue of up to 50 lakh equity shares of the company and there is no offer for sale (OFS) component.

Funds will be used to meet working capital requirements and for general corporate purposes. Hem Securities is the sole book-running lead managers to the issue. The equity shares of the company will be listed on the BSE and NSE.

Aprameya Engineering is engaged in the business of healthcare infrastructure like installation, set up and maintenance of ICU, operation theatre and prefabricated structure ward on a turnkey basis along with the supply of high-value healthcare equipment and diagnostic equipment to hospitals.

Peers
Company Name CMP
Redington 222.80
Adani Enterprises 2505.65
Amrapali Industries 18.21
Rashi Peripheral 530.50
PDS 300.95
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