Auto components maker Kay Jay Forgings Ltd is set to launch an Initial Public Offering (IPO) aiming to raise Rs 360 crore. The funds will be utilized for expanding manufacturing facilities, including a solar power plant, and for debt reduction. The company, a leading supplier of crankshafts to two-wheeler OEMs, reported strong revenue and profit growth in FY25.
from IPOs/FPOs-Markets-Economic Times https://ift.tt/EONyr3n
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