Apollo Techno Industries Limited files DRHP for IPO: Advocates sustainability in listing on a stock exchange
Mehsana (Gujarat) [India], April 4: Apollo Techno Industries Limited (Apollo, The Company) is a Mehsana, Gujarat-based company that manufactures a variety of specialised construction equipment. Apollo Techno Industries Limited is the only domestic manufacturer that is engaged in the manufacturing of Horizontal Directional Drilling Rigs, Diaphragm wall Drilling Rigs and one of the manufacturers of Rotary Drilling Rigs catering the end user industries demand in India as well as in Export markets, The company has filed its Draft Red Herring Prospectus (DRHP) with the BSE SME platform. The proposed Initial Public Offering (IPO) will consist of up to 3700000 equity shares with a face value of ₹ 10 each. The objective of the IPO is to meet the company’s working capital needs and general corporat
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