Ameenji Rubber is set to list on BSE SME on October 6. Its Rs 30 crore IPO received 2.21 times subscription. The company manufactures rubber engineering products for railways and infrastructure. It reported Rs 94.43 crore revenue and Rs 8.03 crore profit in FY25. IPO funds will support machinery modernization and debt repayment. Promoter holding stands at 67.72 percent post-issue.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets