Shilpi Cable Technologies Files DRHP For IPOs

Shilpi Cable upcoming ipoRF (Radio Frequency) cable producer Shilpi Cable Technologies is likely to enter capital market for business development. It’s filed DRHP (draft red herring prospectus ) with the share market regulator Securities and Exchange Board of India for initial public offer of Rs 55.88 crore.
Shilpi Cable Technologies generally produces Radio Frequency cables to help the telecommunications sector and also trading in cable accessories. Shilpi Cable Technologies products are utilized in telecommunications towers.

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