The issue will close on July 30. Investors can bid for a minimum of two lots, with each lot comprising 400 equity shares.
The Pune-based company manufactures precision-engineered aluminium and machined components used in automotive, electric mobility and diversified industrial applications.
In a statement, the company said proceeds from the IPO will be utilised for expansion of its Unit III manufacturing facility, which will add 15,000 metric tonnes per annum (MTPA) of melting capacity and 6,600 MTPA of component manufacturing and finishing capacity.
It also plans to establish Unit IV for manufacturing magnesium-based precision components.
For the financial year 2025-26, the company reported revenue from operations of ₹293.86 crore and a profit after tax of ₹30.90 crore.
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First Published: Jul 27, 2026 4:16 PM IST
