Technocraft Ventures files IPO papers with Sebi, plans Rs 138 crore fundraise for working capital; strong wastewater project pipeline

Technocraft Ventures, a wastewater treatment solutions provider, has filed for an IPO with Sebi, consisting of a fresh issue of shares and an offer for sale by a promoter. The company intends to use the IPO proceeds for working capital and general corporate purposes. Technocraft Ventures reported a revenue of Rs 279.56 crore and a profit of Rs 28.

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