Nuvama was the left lead banker and post issue banker to Texmaco Rail & Engineering Limited for its successful equity fund raise (QIP). Texmaco Rail & Engineering Ltd. is a private engineering and infrastructure company based in India. It is primarily engaged in the business of manufacturing railway wagons, coaches, and locomotives, as well as providing related services. The company is headquartered in Kolkata, West Bengal. The company manufactures coaches for the Indian Railways and many other private firms.
Nuvama acted as the left lead and post issue banker and hand-held the company with end-to-end execution, swift regulatory approvals, thereby ensuring timely launch and closure. Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FIIs, Mutual Funds and Family.
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