Comments
BD Security, one of the leading providers of security services and telecom O&M, has filed Draft Red Herring Prospectus with NSE Emerge for an IPO. The company plans to issue 44.56 lakh fresh equity shares with a face value of ₹10 each.
As the company advances with its IPO plans, the funds raised will be used for meeting its working capital needs and general corporate purposes. The capital raised will support the company’s strategic objectives, strengthen its competitive position and drive growth.
In FY24, the company reported revenue of ₹119 crore, EBITDA of ₹14 crore and net profit of ₹8 crore.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.