RCRS innovations files for IPO, aims to expand battery manufacturing – ET Auto
Baua Electric
APRIL 23, 2024
The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region. crore and a profit of INR 1.35
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