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Published 2 years ago

Balaji Speciality Chemicals files papers with Sebi to raise funds via IPO

Summary by Ground News
Solapur-based speciality chemical company Balaji Speciality Chemicals on August 12 filed its preliminary papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) The company intends to use the proceeds from the issue to repay �68 crore in debt and use �119.5 crore for working capital and general corporate purposes.

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