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BusinessApr 01, 2026 12:52 PM

Kay Jay Forgings files draft papers with Sebi for Rs 360-cr IPO

New Delhi, Apr 1 (PTI) Auto components maker Kay Jay Forgings Ltd has filed draft papers with markets regulator Sebi to raise Rs 360 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters, taking the total issue size to Rs 360 crore, according to the draft red herring prospectus (DRHP). The company may also consider a pre-IPO placement of up to Rs ...Read More >

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