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Category :
IPO
Headline :
Aprameya Engineering announces launch of initial public offering
Date:
19/07/2024 10:50
Aprameya Engineering Ltd. has announced public offering of 5040000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 48.00 per share. The gross proceeds of the issue are expected to be Rs 2,923.20 lakhs.
The company's initial public offer (IPO) will open on 25 July 2024 and is expected to close on 29 July 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 56.00-58.00 per share.
The IPO includes a fresh Issue of 5040000 Equity Shares of the Company at an price of Rs 58.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Aprameya Engineering Ltd. anticipates using the proceeds of the issue for .
Hem Securities Ltd as lead manager & Link intime India Pvt. Ltd. is the registrar, to the issue.
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