12
Jul
📢 Aggcon Equipments International Files DRHP for ₹332 Crore IPO New Delhi – Aggcon Equipments International Ltd, a rapidly growing infrastructure equipment rental firm based in Haryana, has filed its Draft Red Herring Prospectus (DRHP) with SEBI, aiming to raise ₹332.04 crore via an initial public offering. 🧩 IPO Snapshot **Fresh Issue**: ₹332 crore– ₹168 crore to repay/prepay existing debt– ₹84 crore to purchase new equipment– Remaining for general corporate purposes Offer-for-Sale (OFS): 94 lakh shares by promoters– Jitender Aggarwal: 54 lakh shares– Renu Aggarwal: 40 lakh shares 📊 Company Overview Incorporated: 2003 Fleet: 337 rental units (earthmoving, concrete, aerial and road equipment) across 27 states & 5…
