Respectful Powertech Data for IPO to Fuel Expansion
Polite Powertech Limited, an EPC firm specializing in power facilities, has actually submitted its DRHP with SEBI for an IPO of as much as 12 5 million equity shares.
* The IPO consists of a fresh problem of 10 million shares and an offer for sale of 2 5 million shares.
* Finances will be made use of for working funding and general business functions.
* Arihant Funding Markets and Valmiki Leela Capital are the book-running lead managers.
The firm points out substantial earnings development, from 0 in FY 23 to 155 63 crore in FY 25, and a strong order publication of 313 56 crore since December 2025