Shakti Pumps (India) has received approval to raise upto Rs 200 crore through qualified institutional placement (QIP) at a floor price of Rs 1,272.09 per share. The company may offer a discount of not more than 5% on the floor price so calculated for the issue.
Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1728.20 |
| KSB | 976.95 |
| Shakti Pumps (I) | 564.60 |
| Elgi Equipments | 553.90 |
| Kirloskar Pneumatic | 1505.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: