Technofab Engineering Limited,incorporated in the year 1971 and engaged in the business of providing Engineering Procurement and Construction (EPC) services,and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis,has received SEBI nod for its IPO. Technofab Engineering proposes to enter the capital markets with an IPO of 29,90,000 equity shares of face value of Rs.10 each for cash at a price to be decided through a 100% book-building process. The issue comprises of a reservation of 50,000 Equity shares of Rs.10 each for eligible employees.
