Overview
- Existing shareholders plan to sell up to 2.85 crore equity shares via the offer for sale, according to the DRHP.
- Strategic Investment Group and promoter Hanmantrao Gaikwad are among the selling shareholders named in the document.
- Consolidated borrowings stood at about Rs 820 crore as of Aug. 31, 2025, providing context for the planned repayment.
- Key offer details such as price band and dates are pending SEBI review and have not been disclosed.
- For FY25, revenue from operations was about Rs 3,302 crore with Rs 207 crore profit, and the company operated across 2,218 sites with over 85,000 employees.