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of <h1>Aluminum casting manufacturer launches ₹14.07 crore IPO on BSE SME platform July 21-23</h1> An aluminum casting manufacturer headquartered in Vadodara, Gujarat, announced the opening of its IPO on July 21, 2025, valued at ₹14.07 crores. The company specializes in sand casting, gravity die casting, and centrifugal casting, serving automotive, railways, power transmission, and oil & gas sectors across India, Europe, Japan, and the USA. The IPO will allocate 21.64 lakh equity shares at ₹65 per share, with shares to be listed on BSE SME platform. The subscription period runs from July 21-23, 2025. Proceeds will fund capital expenditure for plant machinery acquisition, shed construction, working capital requirements, and general corporate purposes. The company recorded revenue of ₹296.61 crores, EBITDA of ₹45.55 crores, and PAT of ₹26.35 crores in FY25. The lead manager is a private management company, with another firm serving as registrar.
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