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Current Infraprojects to raise ₹42 cr via IPO

in Business & economy
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Indian stock markets are abuzz with the news of the upcoming IPO (Initial Public Offering) of our company, which is set to offer 52.25 lakh equity shares in a price band of ₹76 – ₹80 per share. This is indeed an exciting time for all of us at the company, as we take this major step towards raising funds for our expansion and growth plans.

The IPO market is an important avenue for companies to raise capital, and we are confident that our IPO will be met with a positive response from investors. Our company has a strong track record of growth and profitability, with a loyal customer base and a talented team of employees. The IPO will not only provide us with the necessary funds for our expansion plans, but also give us a wider platform to showcase our strengths and potential to the world.

The decision to go public was not an easy one, but after careful consideration, we believe that it is the right move for our company. Going public will not only increase our visibility and credibility in the market, but also provide a means for our employees and stakeholders to benefit from the growth of the company. We are committed to creating long-term value for our investors and shareholders, and the IPO is a significant step in that direction.

The price band of ₹76 – ₹80 per share has been carefully chosen to ensure a fair valuation for our company and attractive returns for our investors. We have taken into account various factors such as our financial performance, growth prospects, and market trends while arriving at this price band. We believe that this is a reasonable range that will appeal to both institutional and retail investors.

It is important to note that the success of our IPO will not only depend on the price band, but also on the overall market conditions and investor sentiment. We are closely monitoring the market trends and have a dedicated team in place to handle any changes or challenges that may arise during the IPO process. Our aim is to make this a smooth and successful journey for all stakeholders involved.

We are also aware of our responsibility towards our existing shareholders and employees. The IPO will not dilute the shareholding of our promoters and existing shareholders, and we are committed to ensuring that our employees are rewarded for their hard work and dedication towards the growth of the company.

We are confident that our IPO will be well received by investors, and we are already seeing a positive response from the market. Our company has a strong foundation and a clear vision for the future, and we are excited to embark on this new phase of growth. We are also grateful for the support and trust of our customers, without whom this journey would not have been possible.

In conclusion, the upcoming IPO of our company is a significant milestone for us and a testament to our growth and potential. We are confident that it will pave the way for our company’s future success and take us closer to our goal of becoming a leading player in our industry. We thank all our stakeholders for their support and look forward to a successful IPO that will benefit all of us.

Tags: Prime Plus
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