Aegeus Technologies IPO Allotment Finalised; Shares Debut August 11

A company called Aegeus Technologies makes robots that clean solar panels and also takes care of solar power plants.

The company decided to sell shares to the public to raise money, which is called an IPO.

Many people wanted to buy these shares, so much that requests were many times more than the shares available.

Today, the company is deciding exactly who gets the shares, a step called allotment.

People who applied can check if they got shares on the Skyline Financial Services website or the BSE website.

The shares were sold for 105 rupees each.

Before the sale to the public, the company already raised 6.01 crore rupees from special big investors called anchor investors.

When the shares start trading on August 11, they might be worth about 117 rupees according to the grey market.

The money raised will be used to build a new factory, make better products, and run the business.