<ul data-eligibleForWebStory="false"><li>Aggcon Equipment Ltd. filed its preliminary papers with SEBI for an IPO to raise funds through a mix of fresh shares and an offer-for-sale.</li><li>The IPO will include fresh issue shares worth Rs 32.04 crore and an offer-for-sale of up to 54 lakh shares by promoters.</li><li>Proceeds from the IPO will be used for repayment of borrowings, capital expenditure, and general corporate purposes.</li><li>Aggcon Equipment, with over 22 years of experience, specializes in infrastructure equipment rental services and saw a revenue increase of 19.47% in fiscal 2025.</li></ul>

Aggcon Equipment Files DRHP To Raise Funds Through IPO

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