<ul data-eligibleForWebStory="false"><li>Aggcon Equipments International plans to raise ₹332 crore through a fresh issuance of equity shares and the promoters will also sell 94 lakh shares under the offer-for-sale as per the draft red herring prospectus (DRHP).</li><li>The proceeds from the fresh issue, amounting to ₹168 crore, will be utilized for debt payment, ₹84 crore for equipment purchase, and the rest for general corporate purposes.</li><li>Established in 2003, Aggcon Equipments International is a prominent infrastructure equipment rental company in India with a substantial fleet supporting various infrastructure projects.</li><li>In fiscal year 2025, the company's revenue from operations rose by 19.5% to ₹164 crore, and profits increased by 35.64% to ₹30.71 crore compared to the previous fiscal year.</li></ul>

Aggcon Equipments Int'l files IPO papers with Sebi; to raise ₹332 cr via fresh issue

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