FourFront Limited has taken a significant step toward going public, having received in-principle approval from the Bombay Stock Exchange (BSE) for its SME Initial Public Offering (IPO). The approval includes clearance of its Draft Red Herring Prospectus (DRHP), paving the way for the company’s planned equity issue.
The IPO will consist of a fresh issuance of 6.5 million equity shares, each with a face value of ₹10. This move is aimed at bolstering the company's capital base and supporting its future growth initiatives.
Proceeds from the IPO will be allocated to several key areas:
This capital infusion is expected to strengthen FourFront’s operational capabilities and reinforce its competitive edge in the market.
With the BSE’s nod, FourFront Limited is now gearing up for the next phase of its public offering, marking a major milestone in the company’s growth trajectory.
Also Read: Upcoming IPOs from August 11, 2025: BlueStone Jewellery and 2 SME IPO Set to Open for Bidding
FourFront Limited is a leading manufacturer of automotive components, specialising in the design and development of electromechanical and power electronics systems. The company primarily serves the electric vehicle (EV) and industrial automotive segments, offering cutting-edge solutions aligned with evolving industry demands.
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Published on: Aug 12, 2025, 2:07 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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