Karamtara Engineering eyes August IPO launch to raise up to Rs 1,750 crore

Karamtara Engineering plans a public offering in August to raise up to Rs 1,750 crore.

The IPO includes a fresh issue of shares worth Rs 1,350 crore and an offer-for-sale of Rs 400 crore by promoters.

Funds raised are intended for business expansion and other corporate purposes.