Archive · 29 Dec 2025
WOG Technologies Files IPO Papers with Sebi
WOG Technologies, a company that helps with water and wastewater management, has filed papers with SEBI to raise money through an IPO.
They want to raise ₹375 crore by selling new shares and some existing shareholders will also sell their shares.
The money will be used to meet their daily needs, buy more of another company, and for general business purposes.
The company has seen a big increase in its revenue and profit recently.
Unistone Capital is helping them with this process.
WOG Technologies filed draft papers with SEBI for an IPO to raise ₹375 crore through a fresh issue of shares.
The IPO includes an offer-for-sale of 43.28 lakh equity shares by promoters and existing shareholders.
Proceeds will be used for working capital, acquiring a 50% stake in Bell Cooling Towers, and general corporate purposes.
The company specializes in environmental engineering and technology, focusing on water and wastewater management.
WOG Technologies reported a significant increase in revenue and net profit in FY25, with revenue more than doubling to ₹165.43 crore and net profit rising to ₹44.24 crore.
- Who
- WOG Technologies
- What
- Filed draft papers with SEBI for an IPO
- When
- Draft red herring prospectus filed on Sunday
- Where
- New Delhi
- Why
- To raise funds for working capital, acquisitions, and general corporate purposes
- Company
- WOG Technologies
- Regulator
- SEBI
- Fresh Issue Amount
- ₹375 crore
- Offer-for-Sale Shares
- 43.28 lakh
- Company Focus
- Environmental engineering and technology
- Revenue FY25
- ₹165.43 crore
- Net Profit FY25
- ₹44.24 crore
- Merchant Banker
- Unistone Capital