'The Company has filed the DRHP of Sky Alloys and Power Limited on the Main Board Platform of NSE and BSE…
As filed · Gretex Corporate Services Limited has informed the Exchange regarding 'The Company has filed the DRHP of Sky Alloys and Power Limited on the Main Board Platform of NSE and BSE, and the DRHP of Sureflo
What happened
FactGretex Corporate Services Limited has filed a Draft Red Herring Prospectus (DRHP) for Sky Alloys and Power Limited on the Main Board of the National Stock Exchange and Bombay Stock Exchange. Additionally, a DRHP has been filed for Sureflo Techcon Limited on the Emerge Platform of the National Stock Exchange. The company has requested that this information be recorded.
Why it matters
CapitSignal interpretationAn IPO sets the price at which public holders first take on the business, and the fresh-issue/OFS split decides whether the money reaches the company or the selling shareholders.
Watch next
Fact- Price band and issue size
- Fresh issue versus offer for sale
- Stated use of the fresh-issue proceeds
- For the current quarter which is going on, we expect a minimum of 3 to 4 IPO listings should happen. (management committed by Q1 FY27)
- we have 21 mandates in hand, where we have 5 main boards and we are expecting 10 listings should happen by thi (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- IPO base 70; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%