27 Sep 2025 | 3 Mins Read
Rotomag Enertec plans ₹500 crore IPO
Flipitmoney
Rotomag Enertec, backed by BanyanTree Growth Capital, has filed SEBI papers to raise around ₹500 crore through an IPO via fresh shares and an offer-for-sale. The company plans to use proceeds for debt redemption, working capital, and general purposes. Promoters held 75.59% stakes, with BanyanTree holding 17.58% acquired in 2015.