Earthood Companies IPO: Gurugram’s firm Earthhood Companies has submitted draft papers to Capital Market Regulator SEBI to lift cash by its IPO. Earlier, the deposited papers have been withdrawn by the corporate. In keeping with the brand new draft papers submitted on June 13, the IPO will now have a suggestion on the market of 62.9 lakh shares from solely promoters- Kaviraj Singh and Ashok Kumar Gautam. New shares won’t be launched. Because of this your complete earnings from the IPO will go to the shareholders promoting shares. 4 sectors- renewable power, power demand, forestry and agriculture, waste, and carbon validations and verification providers gives for the waste, waste and others. It additionally gives environmental, social and governance (ESG) advisory and assurance providers to clients in India and overseas. Uniston Capital is the one e book working lead supervisor to deal with the IPO of Earth Hood Companies. Earlier in December 2024, earlier than the drafts associated information, Arthaud Companies submitted draft papers close to SEBI for IPO on 26 December 2024. At the moment, 36 lakh new shares and promoters have been mentioned to have a suggestion on the market from the promoters. Nonetheless, the corporate withdrew this outdated draft on 28 April this 12 months. Promoters maintain 94.55 p.c stake within the firm. The remaining 5.45 p.c shares are with the general public shareholders. Earthhood Companies recorded a revenue of Rs 19.3 crore for the corporate’s monetary place 12 months 2023-24. That is 80.1 p.c greater than the revenue of Rs 10.7 crore a 12 months in the past. Income was Rs 46.8 crore, which is 44.5 p.c greater than FY 2023. The corporate’s revenue was Rs 8.14 crore and income was Rs 33.7 crore over April-December 2024.
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