27 Sep 2025 | 5 Mins Read
Aarvee Engineering files draft IPO papers for Rs 202 crore
Flipitmoney
Aarvee Engineering Consultants filed draft IPO papers with SEBI to raise Rs 202.5 crore via fresh shares and Rs 40.5 crore in a pre-IPO round. The funds will be used to repay debt, invest in subsidiaries, and for general corporate purposes. The company posted a 26.3 percent growth in profit to Rs 51.6 crore and a 9.7 percent revenue growth to Rs 567.1 crore in FY2025.