Best Cast IT Limited Files DRHP with NSE Emerge for IPO

Mumbai (Maharashtra) [India], October 6: Best Cast IT Limited, a Chennai-based maker of aluminium gravity die castings and assemblies, has f...

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PNN Verified Media or Organization • 16 Apr, 2026 Agency
Oct 6, 2026 • 7:30 PM | Mumbai  0
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Best Cast IT Limited Files DRHP with NSE Emerge for IPO
“Best Cast IT Limited Files DRHP with NSE Emerge for IPO”
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6 Oct 2026
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Best Cast IT Limited Files DRHP with NSE Emerge for IPO
Best Cast IT Limited Files DRHP with NSE Emerge for IPO

Mumbai (Maharashtra) [India], October 6: Best Cast IT Limited, a Chennai-based maker of aluminium gravity die castings and assemblies, has filed its Draft Red Herring Prospectus with the Emerge Platform of the National Stock Exchange of India Limited (NSE Emerge) ahead of its Initial Public Offering. The company serving domestic and international customers in India, the United States of America and Germany across the Automotive, Power Generation, General Engineering, Railway & Marine, and Valve & Pump sectors.

The IPO will comprise a Fresh Issue of up to 36,00,000 equity shares with a face value of ₹ 10 each, with no Offer for Sale component. The equity shares are proposed to be listed on the EMERGE Platform of the National Stock Exchange of India Limited.

The company will use the net proceeds for three things:

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