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  Bhavnagar-based APPL Containers Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO). The offer, with a face value of Rs 10 per equity share, comprises a fresh issue of up to 12,50,000 Equity shares and an offer for sale of up to 25,60,000 Equity shares by promoters – Hasmukhbhai Meghjibhai Viradiya, Vallabhbhai Meghjibhai Viradiya, Vaibhav Vallabhbhai Viradiya, Manishaben Viradiya, Saritaben Viradiya, Ektaben Vaibhavbhai Viradiya, Tejasbhai Vallabhbhai Viradiya, and Tirthraj Hasmukbhai Viradiya. The proceeds from its fresh issuance worth Rs 55 crore will be utilised for funding working capital requirement of the company, Rs 16 crore for pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our company, and general corporate purposes.   The Offer is being made through the book-building process, wherein not m...

  Bhubaneswar-based CSM Technologies Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).   The offer, with a face value of Rs 10 per equity share, consists of a fresh issue of up to 1,29,01,000 equity shares. The offer also includes a subscription reservation by eligible employees, and a discount is being offered to  eligible employees bidding in the employee reservation portion. The proceeds from its fresh issue worth Rs 53 crore will be for funding the working capital requirements of the company, Rs 25.88 crore will be for p repayment or repayment of all or a portion of certain outstanding borrowings availed by the company, and for inorganic opportunities and general corporate purposes.      The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than ...

 Mumbai, September 29, 2025 In a significant step towards promoting sustainable packaging practices and enhancing postal service efficiency, the Parcel Directorate, Department of Posts (DoP), Ministry of Communications, Government of India, today signed a comprehensive Memorandum of Understanding (MoU) with the Indian Institute of Packaging (IIP), an autonomous body under the Ministry of Commerce and Industry. The MoU was formally signed by Dr. Sudhir Jakhere, IPoS, Assistant Postmaster General (Business Development & Marketing), Maharashtra Circle, Department of Posts, and Dr. Babu Rao Guduri, Addl. Director, Indian Institute of Packaging, Mumbai at O/o Chief Postmaster General, Maharashtra Circle, Mumbai in presence of Shri Manoj Kumar, Director Postal Services (Mails & Business Development), Maharashtra Circle, Mumbai. Key Areas of Collaboration: The partnership focuses on developing innovative and sustainable packaging solutions across multiple domains. Under the agreem...

Mumbai-based Kusumgar Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).  The IPO, with a face value of Rs 1 per equity share, comprises an offer-for-sale (OFS) of up to Rs 650 crore by promoters, Siddharth Yogesh Kusumgar, Sapna Siddharth Kusumgar and Siddharth Yogesh Kusumgar HUF. The offer also includes a subscription reservation by eligible employees, and a discount is being offered to eligible employees bidding in the employee reservation portion The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail. Incorporated in 1990, the company is a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics. The company offers engineered fabrics and solutions ...

The Initial Public Offering of Epack Prefab Technologies was subscribed 3.07 times on the final day of bidding. The issue received 5,42,98,933 bids of against the offered 1,76,70,103 equity shares, according to data available on the stock exchanges. Qualified Institutional Investors and Non-institutional portion were subscribed 5.10 and 3.68 times respectively. Retail Portion was subscribed 1.69 times. The issue kicked off for subscription on Wednesday, September 24, 2025 and closed for subscription on Friday, September 26, 2025. Monarch Networth Capital Limited and Motilal Oswal Investment Advisors Limited are the book-running lead managers; and Kfin Technologies Limited is the registrar of the offer. Company Information The company is incorporated in 1999 and has two business verticals - Pre-Fab Business, wherein it provides complete solutions to customers on turnkey basis, which includes designing, manufacturing, installation and erection of pre-engineered steel buildi...

  New Delhi-based Parijat Industries (India) Ltd has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The offer, with a face value of Rs 5, is a fresh issue aggregating up to Rs 160 crore and an offer for sale of 20, 370, 680 shares. The offer also includes a subscription reservation by eligible employees, and a discount is being offered to eligible employees bidding in the employee reservation portion. The proceeds from its fresh issuance worth Rs 121.6 crore will be utilized for repayment/pre-payment, in full or part of certain borrowings availed by the company including payment of accrued interest thereon, and general corporate purposes. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutiona...