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The Economic Times

Markets / The Economic Times

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Pioneer Fil-Med files papers with Sebi for Rs 500 cr IPO

Pioneer Fil-Med Ltd, a railway components maker, is planning an Initial Public Offering. The company aims to raise Rs 500 crore through a mix of fresh equity and an offer for sale. Proceeds will fund new manufacturing facilities for gearboxes and wind generator components. This move is expected to boost brand visibility and provide market liquidity for its shares.

30 Mar 2026 9:52 am