Madhur Iron & Steel Files IPO Papers to Raise Funds for Repaying Debt, Capex, Working Capital
Madhur Iron & Steel Ltd has officially filed draft papers with the market regulator to launch its Initial Public Offering (IPO). The company aims to raise funds primarily for repaying debt, financing capital expenditure (capex), and meeting working capital requirements. This move underscores the company’s strategy to strengthen its balance sheet, expand operations, and enhance…