IPO-bound GK Energy faces operating losses, rising costs

IANS | May 6, 2025 4:38 PM

New Delhi, May 6 (IANS) GK Energy Limited, a company specialising in solar-powered agricultural water pump systems, is preparing to launch its initial public offering (IPO) after receiving final approval from the Securities and Exchange Board of India (SEBI) last month.

Jinkushal’s net profit dips as expenses rise, show IPO papers

IANS | May 5, 2025 4:59 PM

New Delhi, May 5 (IANS) Chhattisgarh-based exporter of construction machinery, Jinkushal Industries Limited (JKIPL), has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).