Gandhinagar, Gujarat based leading PCB manufacturer Circuit Systems is in the market with an IPO. The company  offers 42,44,810 shares of Rs 10 each for cash at a premium of Rs 25 each to raise Rs 14.85 crore for expansion.

The new facility is being set up in the SEZ (Special Economic Zone) at Gandhinagar to meet the future market requirements and increase in demands for PCB's in domestic and global markets.

The company is currently producing 84,000 Sq. Mtr of rigid PCBs. The company acquired PCB manufacturing plants of Gujarat based GNFC and also an Italian manufacturer in past few years.
 

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