Evonith Steel To Raise ₹500 Cr From Private Equity Ahead Of IPO, Outlines ₹6,000 Cr Capex Plan
Maharashtra-based flat steel producer Evonith Steel, backed by UK investment firm Nithia Capital, is set to raise INR 500 crore from private equity investors and family offices in South Asia as part of a pre-IPO funding round. The company was formed through the 2020 acquisition of Uttam Galva Metallics and Uttam Value Steel. Evonith is […]







