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Acropetal on public listing

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  • Published On: February 21, 2011
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Acropetal Technologies chairman & managing director D Ravi Kumar talks on the IPO of the company. On IPO proceeds, he says the company will spend Rs 55 crore on potential acquisitions, Rs 26 crore for software development, Rs 19 crore for expansion of overseas offices, Rs 25 crore for debt repayment and another Rs 25 crore will be used as working capital.
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