Archive · 18 Nov 2025
Milestone Gears Files for ₹1,100-Cr IPO
Milestone Gears, a maker of high-precision parts, is planning to raise ₹1,100 crore through an Initial Public Offering (IPO).
The company will use the money to pay off debt, build a new factory, and for other business needs.
They make parts for various vehicles and heavy machinery, and their customers include major companies in India and around the world.
Milestone Gears Ltd files DRHP with SEBI for IPO
IPO comprises fresh issue of ₹800 crore and OFS of ₹300 crore
Company may consider a Pre-IPO placement of up to ₹160 crore
Funds to be used for debt payment, greenfield project, and general corporate purposes
Milestone Gears supplies precision components to Indian and global OEMs
- Who
- Milestone Gears Ltd
- What
- Files for IPO
- When
- November 18, 2025
- Where
- With SEBI
- Why
- To raise funds for debt payment, new project, and general corporate purposes
- IPO Size
- ₹1,100 crore
- Fresh Issue
- ₹800 crore
- OFS
- ₹300 crore
- Pre-IPO Placement
- Up to ₹160 crore (optional)
- Fund Usage
- Debt payment, greenfield project, general corporate purposes
- Products
- High-precision, complex engineered transmission components
- Customers
- Indian and global OEMs in various sectors
- Book-Running Lead Managers
- JM Financial, Axis Capital, Motilal Oswal Investment Advisors