<h1>Indian Subsidiary Plans Rs 80 Crore IPO to Fund Robotic Manufacturing Unit and Boost Production Capacity</h1> An Indian subsidiary of a Swiss automated parking solutions company plans to raise Rs 80 crore through an initial public offering to fund the establishment of a robotic manufacturing unit in West Bengal. The fresh equity issue will dilute existing promoter holdings by approximately 6.25%, increasing public shareholding to about 25-26%. The funds will be allocated equally between setting up the manufacturing facility and debt reduction plus working capital enhancement. The new plant aims to support production for over 10,000 automated car parks annually and create more than 100 jobs. The company's equity is currently evenly split among two Indian promoters, the Swiss parent company, and private equity funds. The IPO is intended to enhance self-reliance in robot manufacturing and unlock company value, with regulatory filings expected shortly. The company has an order book of Rs 1,000 crore and has begun exporting to the US and Dubai.