Duplex Industries has filed its DRHP

Copper wire items producer Duplex Industries has filed_its DRHP ( draft red herring prospectus) with market regulator SEBI for an IPO of Rs 125 cr.

The firm’s goods are utilized in electrical, power, electronics and telecoms segments.

Duplex plans to utilize the net issue proceeds for establishing a new unit for production of cables and wires; development of current unit at Silvassa for producing bare and insulated copper strips as well as conductors; and also for working capital need.

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