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BTCC / BTCC Square / Global Cryptocurrency /
Vishvaraj Environment Files for ₹2,250-Crore IPO to Fund Water and Wastewater Projects

Vishvaraj Environment Files for ₹2,250-Crore IPO to Fund Water and Wastewater Projects

Author:
Global Cryptocurrency
Published:
2025-09-30 12:40:02
16
1
BTCCSquare news:

Vishvaraj Environment, a water utility and wastewater management solutions provider, has submitted draft papers to SEBI for a ₹2,250-crore IPO. The offering includes a fresh issue of ₹1,250 crore and an OFS of ₹1,000 crore by promoter Premier Financial Services. A pre-IPO placement of ₹250 crore may reduce the fresh issue size.

Proceeds will primarily repay subsidiary borrowings and fund three key projects: a 300 MLD advanced water treatment plant, a 60 MLD sewage treatment plant with an 80 MLD tertiary RO facility, and a 30 MW solar power initiative under the PM Kusum scheme. The company serves government agencies and utilities across 30 cities, specializing in recycling treated sewage for industrial use.

|Square

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