Abakkus

Abakkus Leads Rs.175 Crore Funding in Stelmec Limited with Hem Securities Ltd. as Lead Advisor

Mumbai (Maharashtra) [India], February 21: Mumbai-based Stelmec Limited, a three-decade-old name synonymous with Electrical Power Products in India and a trusted partner to various State Owned and Private Power Utilities, has secured ₹175 crores from a consortium led by Abakkus Four2Eight Opportunities Fund. The transaction was facilitated, Hem Securities Ltd., who played a pivotal role in structuring and […]

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Stelmec Limited

Abakkus Leads Rs. 175 Crore Funding in Stelmec Limited with Hem Securities Ltd. as Lead Advisor

New Delhi [India], February 18: Mumbai based Stelmec Limited, a three decade-old name synonymous with Electrical Power Products in India and a trusted partner to various State Owned and Private Power Utilities, has secured ₹175 crore from a consortium led by Abakkus Four2Eight Opportunities Fund. The transaction was facilitated, Hem Securities Ltd., who played a pivotal role in […]

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USD 1 Billion Business Inquiries Generated at IEEMA’s BID 2024

Mumbai (Maharashtra) [India], January 18: BID 2024, IEEMA’s flagship event, concluded successfully with significant business enquiries close to USD $1 billion. This reflects the strong growth trajectory and global acceptance of “Make in India” products in the electrical, electronics and new energy sectors. BID 2024 also witnessed 50,000+ business footfalls, 200 international and 100 domestic buyers […]

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