Water Solutions Firm WOG Technologies Moves Toward Public Markets with Fresh Issue

WOG Technologies, a provider of water and wastewater management solutions, has filed draft papers with capital market regulators to raise funds through an initial public offering. The proposed IPO comprises a fresh issue of shares worth Rs 375 crore, with no offer-for-sale component. The company plans to use the proceeds to fund capital expenditure, strengthen its balance sheet, and support growth as demand for sustainable water infrastructure rises across India.