SEBI greenlights IPOs for Kalpataru and Unimech Aerospace, aiming to raise over ₹2 billion.

Securities regulator SEBI has approved IPOs for real estate firm Kalpataru and aerospace manufacturer Unimech Aerospace. Kalpataru aims to raise ₹1,590 crore for debt repayment and corporate purposes, while Unimech Aerospace seeks ₹500 crore for expansion, working capital, and debt repayment. Both companies' shares will be listed on BSE and NSE.

November 25, 2024
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