On this page

Peshwa Wheat targets ₹54 crore through BSE SME IPO

Indore-based grain processor Peshwa Wheat plans a ₹54 crore BSE SME IPO to fund equipment, civil works and working capital. The B2B supplier of atta, besan and flour serves retailers, institutions and food businesses across four western and central Indian states.

Peshwa Wheat's ₹54 crore IPO: three named uses, led by working capital
  • IPO proceeds, total₹54 crore
  • IPO proceeds for working capital₹26 crore
  • IPO proceeds for plant and machinery₹7 crore
  • IPO proceeds for civil construction₹5 crore

Reported figures

From the report. Source details below

  • ₹95-₹101 per share price band
  • ₹7 crore for plant and machinery
  • ₹5 crore for civil construction
  • ₹26 crore for working capital

The source

Source Read the source at The Hindu BusinessLine

Published

Confirmed by Business Today

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.