💨 Abstract

Eureka Conveyor Beltings Limited, a manufacturer and exporter of conveyor rubber belts and industrial rubber belts, has received approval from the Bombay Stock Exchange (BSE) for its Initial Public Offering (IPO). The company aims to raise funds for capital expenditure, working capital, and general corporate purposes. The IPO will issue up to 53,28,000 equity shares with a face value of Rs 10.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖