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Sri Priyanka Geo Commex to open ₹73.50 crore IPO on June 24, 2026 for working capital

Sri Priyanka Geo Commex is set to launch an IPO on June 24, 2026, aiming to raise ₹73.5 crore. Of the total, ₹47 crore is earmarked for working capital at its Singapore unit, Geo Min Commodities, to support mineral trading including copper cathode. For the nine months ended December 31, 2025, the company reported revenue of ₹248.37 crore and net profit of ₹17.76 crore, with copper cathode contributing 44.39% of revenue. The funding plan could lift short-term demand for physical copper purchases, while the company has no direct business linkage to crude oil.
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