<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Neptune Logitek to raise Rs. 46.62 crore through IPO for fleet expansion</title>
    <link>https://www.taxtmi.com/news?id=63970</link>
    <description>Neptune Logitek will raise Rs. 46.62 crore via a 37,00,000-share Initial Public Offering at Rs. 126 per share, with prescribed minimum application sizes and allocations reserving 47.50% each for Non Institutional and Retail Individual Investors and a separate market maker allotment. Net proceeds are allocated primarily to purchase trucks and ancillary equipment for fleet expansion, with specified amounts for loan repayment and general corporate purposes; the issue timetable and appointed lead manager and registrar are set.</description>
    <language>en-us</language>
    <pubDate>Mon, 08 Dec 2025 15:31:03 +0530</pubDate>
    <lastBuildDate>Mon, 08 Dec 2025 15:31:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=869989" rel="self" type="application/rss+xml"/>
    <item>
      <title>Neptune Logitek to raise Rs. 46.62 crore through IPO for fleet expansion</title>
      <link>https://www.taxtmi.com/news?id=63970</link>
      <description>Neptune Logitek will raise Rs. 46.62 crore via a 37,00,000-share Initial Public Offering at Rs. 126 per share, with prescribed minimum application sizes and allocations reserving 47.50% each for Non Institutional and Retail Individual Investors and a separate market maker allotment. Net proceeds are allocated primarily to purchase trucks and ancillary equipment for fleet expansion, with specified amounts for loan repayment and general corporate purposes; the issue timetable and appointed lead manager and registrar are set.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 08 Dec 2025 15:31:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=63970</guid>
    </item>
  </channel>
</rss>