• IPO proceeds allocation: Out of the total 290 crore raised, approximately 180 crore is allocated toward working capital requirements, 21 crore will go to R&D, and the remainder is earmarked for general corporate purposes.
• Order book strength: The company holds an order book exceeding 1,000 crore (with up to 1,920 crore in hand), primarily catering directly to state-owned Indian Railways production units such as Chittaranjan, Banaras, and Patiala Locomotive Works.
• Product pipeline development: Alongside its in-house locomotive propulsion technology, the company's dedicated R&D center is developing MEMU and EMU systems, backed by an initial order of roughly 107 to 108 crore for six trains.
• Post-IPO business strategy: Immediate priorities focus on ramping up production and supply capacity to execute existing orders, with no immediate plans for acquisitions or IPO-funded physical expansions.