EMS IPO offers exposure to fast growing water management sector
Uttar Pradesh-based construction company EMS plans to raise Rs146 crore through a fresh issue of shares and another up to Rs175 crore through an offer for sale. The company plans to use Rs101.2 crore to fund working capital requirements. Investors may consider investing in the Initial Public Offering (IPO) of given the asset light business model, strong revenue visibility and reasonable valuations.
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