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The Economic Times

Ritesh Presswala

Kataline files DRHP for IPO; plans 43 lakh fresh issue, OFS

Kataline Limited, a Nagpur-based integrated traffic safety solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI), marking its move towards an initial public offering (IPO).

Incorporated in 2008, Kataline has evolved from a road-marking paint manufacturer into an integrated traffic safety solutions company. Its capabilities span specialised manufacturing, road safety marking products, in-house accredited quality testing and end-to-end project execution.

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