Commtel Networks files draft papers with SEBI for ₹900 crore IPO

NEW DELHI: Commtel Networks has filed its draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India (SEBI) to raise ₹900 crore via an initial public offering (IPO).

The company designs, builds, and implements integrated telecom, security, and safety (iTSS) systems for critical national infrastructure facilities, with a specific focus on oil and gas and power sectors.