From campus lab to stock market: IIT-B incubated auto electronics firm to deliver ₹55 crore windfall

The institute’s incubator, the Society for Innovation and Entrepreneurship (SINE), currently holds about 4.08 lakh shares in the company. At the upper end of the IPO price band of ₹1,352 per share, the value of this stake is estimated at around ₹55 crore