Medical device maker Aprameya Engineering has filed preliminary documents with capital markets regulator SEBI to raise funds through an initial public offering (IPO).

The draft red herring prospectus (DRHP) filed with Sebi on Thursday showed that the IPO included the sale of up to 50 lakh new shares in the company, and there is no offer for sale (OFS) component. Funds will be used to meet working capital needs and general corporate purposes.

The company is engaged in the medical infrastructure business, such as installing ICUs, setting up and maintaining ICUs, operating theatres and prefabricated patient rooms, and supplying high-value medical and diagnostic equipment to hospitals.

Hem Securities Ltd is the sole book-runner for the offering. The company’s shares will be listed on the BSE and NSE.