US EditionAbakkus Leads Rs. 175 Crore Funding in Stelmec Limited with Hem Securities Ltd. as Lead Advisor
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Abakkus Leads Rs. 175 Crore Funding in Stelmec Limited with Hem Securities Ltd. as Lead Advisor
New Delhi [India], February 18: Mumbai based Stelmec Limited, a three decade-old name synonymous with Electrical Power Products in India and a trusted partner to various State Owned and Private Power Utilities, has secured ₹175 crore from a consortium led by Abakkus Four2Eight Opportunities Fund. The transaction was facilitated, Hem Securities Ltd., who played a pivotal role in structuring and executing the deal. Stelmec is engaged in the manufa…
Abakkus Leads ₹ 175 Crore Funding in Stelmec Limited with Hem Securities Ltd. as Lead Advisor
Mumbai based Stelmec Limited, a three decade-old name synonymous with Electrical Power Products in India and a trusted partner to various State Owned and Private Power Utilities, has secured ₹175 crore from a consortium led by Abakkus Four2Eight Opportunities Fund. The transaction was facilitated, Hem Securities Ltd., who played a pivotal role in structuring and executing the deal. Stelmec is engaged in the manufacturing of MV switchgear and oth…
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