Water purifier company Kent RO files for IPO

Water purifier maker Kent R O Systems filed draft papers for an IPO on Wednesday.

The firm’s founder and chairman, Mahesh Gupta, along with other family members, will collectively sell 10.1 million shares, or a 10% stake out of their 99.8% interest in the company, according to the draft papers. Kent will not issue new shares in the IPO. The firm, which also makes vacuum cleaners and fans, is the latest among a slew of companies looking to make their stock market debut in India.

Around 14 companies have floated share sales so far in 2025.

Stay informed with the latest Business News on Times of India. Explore the list of Bank Holidays, stay informed about Budget 2025, discover the new Income Tax Slabs, and use the Income Tax Calculator for hassle-free tax planning.

Unlock Investment Potential: Enroll in ET's Stock Valuation Workshop - Batch 3. Secure Your Spot Now!