RCRS Innovations files draft papers with NSE Emerge to raise funds via IPO
Lithium battery and solar panels manufacturer RCRS Innovations Ltd said it has filed draft papers with NSE Emerge to mop-up funds through an initial public offering (IPO) and the proceeds will be used to fund its expansion plan.
The Noida-headquartered company's proposed IPO is a fresh issuance of 48.24 lakh equity shares with a face value of Rs 10 each, according to a statement. Pic: IANS