Vinir Engineering Ltd, an built-in engineering options firm, has filed its Draft Purple Herring Prospectus (DRHP) with the Securities and Change Board of India (SEBI) to launch an Preliminary Public Providing (IPO).
The IPO contains an offer-for-sale (OFS) of as much as 53.3 million fairness shares with a face worth of ₹2 every. The OFS can be solely undertaken by the promoter promoting shareholder, Nitesh Gupta.
Vinir Engineering Restricted is an built-in engineering options firm engaged within the manufacturing of specialized, essential and heavy, precision-forged and machined elements for a variety of industries and functions
