Secondary Issues
Wheels India board approves fundraising of up to Rs.400-Cr
Chennai-based Wheels India plans to raise INR 400 crore, through a secondary offering. The company is a manufacturer of wheels for trucks, agricultural tractors, passenger vehicles, and construction equipment, as well as air suspension systems and industrial components for the construction and windmill industries.
For FY25, Wheels India had reported about INR 4,415.33 crore in Operating Income and about INR 105.85 crore in PAT.
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