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

Summary by Asian News
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 structuring and executing the deal. Stelmec is engaged in the manufa…
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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 structuring and executing the deal. Stelmec is engaged in the manufa…

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fundingblogger.comfundingblogger.com

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

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 structuring and executing the deal. Stelmec is engaged in the manufacturing of MV switchgear and oth…

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fundingblogger.com broke the news in on Monday, February 17, 2025.
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