Battery Smart may file IPO papers in September-October; eyes 70-80% annual growth
Battery Smart is preparing to file draft papers with Sebi for an initial public offering. The company targets substantial annual growth over the next five years. It currently operates over 1,500 swapping stations across more than 75 cities. Battery Smart's revenue saw a significant increase in the last fiscal year. The battery-swapping market is projected for strong expansion in India.
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