Technical facilities management services provider Icon Facilitators announced on Thursday its plans to launch an initial public offering (IPO) to raise funds for expanding operations, targeting Rs 100 crore in revenue by FY27. Khambatta Securities Limited has been appointed as the book-running lead manager for the IPO process, according to a company statement.
The statement indicated that the company aims to reach a significant milestone of Rs 100 crore in revenue by the financial year 2027. In FY24, Icon Facilitators reported revenue from operations of Rs 49.84 crore, up from Rs 42.96 crore in FY23.
Comments
Post a Comment