Matrix Gas files draft papers with NSE Emerge for IPO
Gas aggregator Matrix Gas and Renewables has filed draft papers with NSE Emerge to raise funds through an IPO.
The company has also completed its pre-IPO fundraising through preferential allotment, which saw participation from renowned investors including Ashneer Grover, Gunavanth Vaid of Chhattisgarh Investments Group, and Singhvi Heritage LLP among others.
The IPO comprises fresh equity issues of up to 56 lakh equity shares.
The company said that it is strategically positioned to contribute significantly to India’s growing energy demand by providing a reliable and competitively priced supply of natural gas from diverse sources.
