Pragyawan Technologies Limited, is a prominent diversified solutions provider with wide range of offerings across its business verticals
FinTech BizNews Service
Mumbai, July 3, 2026: Pragyawan Technologies Limited, a prominent diversified solutions provider with wide range of offerings across its business verticals according to F&S Report has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).
The Company plans to raise funds through offer of equity share capital via initial public offering. The Public Offer comprises of fresh issue aggregating up to Rs 4,000.00 million (Rs 400 crore) and an Offer For sale of Up to 15,000,000 equity shares with face value Rs 2 each share.
The Company proposes to utilize Net Proceeds towards funding the working capital requirements of the Company estimated to be Rs4,000 crore; and balance towards general corporate purposes.
According to F&S Report, the company has demonstrated strong growth in our business operations in recent years. The Company is engaged in the supply of Skill Development and training products, delivers varied Utility Solutions and operations & maintenance (“O&M”) services
The Company is currently operating through two business verticals, namely (i) Skill Development, focused on training products and capacity building solutions and (ii) Utility Solutions, providing execution and O&M services across power, water, renewable energy and allied infrastructure segments.
Pantomath Capital Advisors Limited is the sole Book Running Lead Managers (BRLMs) to the issue.
