Archive · 27 Sep 2025
Rotomag Enertec Files IPO to Raise ₹500 Crore
Rotomag Enertec, a company that makes DC motors and solar-powered pumps, plans to sell shares to the public through an IPO to raise about ₹500 crore.
Some of the existing shareholders will also sell their shares.
The company's products are used in many industries.
In the financial year ending March 2025, the company's profit increased to ₹167.5 crore and the revenue rose to ₹1,265 crore.
The money raised will be used to pay off debts and for other business needs.
Equirus Capital, CLSA India and JM Financial are managing the IPO.
Rotomag Enertec filed draft papers for an IPO.
The IPO aims to raise ₹500 crore through fresh shares.
Promoters and existing shareholders will sell shares through an offer-for-sale.
Funds from the IPO will be used for debt redemption and working capital.
The company reported a profit of ₹167.5 crore in FY25.
- Who
- Rotomag Enertec
- What
- Filed for an IPO
- When
- Not Specified
- Where
- Gujarat, India
- Why
- To raise funds
- Company
- Rotomag Enertec
- IPO Amount
- ₹500 crore
- IPO Type
- Fresh Issue and OFS
- Selling Shareholders
- Promoters and BanyanTree Growth Capital
- FY25 Profit
- ₹167.5 crore
- FY25 Revenue
- ₹1,265 crore
- Merchant Bankers
- Equirus Capital, CLSA India, JM Financial
Sources
Ahmedabad's Deon Energy files draft papers with Sebi for Rs 150 crore IPO
HD Fire Protect files draft papers with SEBI for IPO
Aarvee Engineering Consultants files DRHP with SEBI for IPO
Aarvee Engineering Consultants files DRHP with SEBI for IPO
