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Greaves Electric Mobility Files for Rs 1,000 Crore IPO

Greaves Electric Mobility Files for Rs 1,000 Crore IPO

Saral GroupsDecember 26, 2024
Greaves Electric Mobility, the EV arm of Greaves Cotton Ltd., has filed its DRHP with SEBI to raise Rs 1,000 crore via IPO. The offering includes a fresh issue of shares and an offer for sale by existing stakeholders. Proceeds will fund R&D, battery assembly capabilities, and manufacturing expansion, as the company aims to bolster its presence in the competitive electric mobility market.
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The gaming industry has witnessed a remarkable evolution, with immersive experiences becoming increasingly accessible and captivating. Virtual and augmented reality (VR/AR) technologies have opened up new frontiers, allowing players to step into fantastical worlds and interact with digital content in unprecedented way...

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