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Man Industries Ltd.

Facilitated a successful Equity (Preferential Issue) raise for Man Industries Ltd.

Man Industries Ltd. transaction details
Carnelian Fund logo

Investor
Ashish Kacholia, Carnelian Fund
Investee
Man Industries Ltd.

Focus Sector
Industrial Products
Date
July 2025
Amount
Rs. 255 Cr

Man Industries operates in the steel manufacturing sector as a leading producer of large-diameter steel line pipes serving oil & gas, water transmission, and infrastructure projects. Ashika Group had the pleasure of facilitating a successful Equity (Preferential Issue) raise for them fuelling their next phase of growth.