Imarticus is currently in advanced discussions with investment banking firms, including IIFL, for its upcoming IPO
The new factory will focus on manufacturing control boards for washing machines, refrigerators, air conditioners, and IT hardware
Last week, the BSE Sensex benchmark declined 503.67 points or 0.68 per cent, and the NSE Nifty fell 155.3 points or 0.69 per cent
The Gujarat-based company's proposed IPO comprises fresh issue of equity shares aggregating up to Rs 190 crore and an offer for sale (OFS) of 71.55 lakh equity shares by promoters
This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January
Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday