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BD Security Limited Files DRHP On NSE Emerge For IPO
Mumbai (Maharastra) [India],October 18: BD Security Limited (BDS, The company), one of the leading providers of security services & Telecom O&M, has announced its plans to enter the primary market with an IPO. The company has filed its Draft Red Herring Prospectus with NSE Emerge in preparation for the IPO. The company plans to issue 44,56,000 fresh equity [...]
Mumbai (Maharastra) [India],October 18: BD Security Limited (BDS, The company), one of the leading providers of security services & Telecom O&M, has announced its plans to enter the primary market with an IPO. The company has filed its Draft Red Herring Prospectus with NSE Emerge in preparation for the IPO. The company plans to issue 44,56,000 fresh equity shares with a face value of ₹ 10 each.
As the company advances with its IPO plans, the funds raised will be 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.
For the period ended 31st March 2024, The company reported Revenue of ₹ 11,859.20 Lakhs and EBITDA of ₹ 1,424.69 Lakhs & PAT ₹ 801.87 Lakhs.
