• IPO issue details: The company is launching a ₹3,812 crore IPO with a price band of ₹461 to ₹485, comprising a ₹500 crore fresh issue and a ₹3,312 crore offer for sale, open from July 23 to July 27.
• Debt reduction plan: Out of the ₹500 crore fresh issue proceeds, ₹400 crore will be utilized to prepay bank loans, reducing the company's current borrowing of approximately ₹1,000 crore by about 40%.
• Global market reach: Operating since 2001, the precision component contract manufacturer exports to over 45 countries across sectors including automotive, defense, medical, aerospace, consumer electronics, and power generation.
• Geographic revenue mix: International markets historically account for 90% of revenue, but strong domestic growth in 2026 shifted the export contribution down to 76% despite overall turnover rising.