BVG India IPO | The company plans to mobilise Rs 300 crore by issuing new shares, while existing shareholders will be selling 2.85 crore shares via offer-for-sale.
Integrated services company BVG India Ltd had filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in September 2021 to raise funds through an initial public offering (IPO).
In the last six months, the share prices of listed peers SIS, Team Lease Services and Quess Corp have risen by 24.6 per cent, 21.93 per cent and 32.37 per cent respectively. BVG India counts Indian Railways, Rashtrapati Bhavan, the Tata Group , Hindustan Unilever and Accenture among its clients.
Watch accompanying videos wherein A Velumani, Founder of Thyrocare Health Technologies decodes the success story of Hanmant Gaikwad, the man who built BVG India.