RoboticsMediaNamaabout 1 hour ago
AITMC Refiles IPO Amid Defence Pivot Risks
7 min read
Drone startup AITMC Ventures refiles its IPO draft with SEBI, seeking to raise capital for a defence pivot and manufacturing expansion. The company faces risks from overdependence on government schemes, which generated 96.8% of revenue in FY26, and a criminal FIR registered on July 8, 2025.
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