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Category :
IPO
Headline :
Yash Optics & Lens announces launch of initial public offering
Date:
20/03/2024 15:50
Yash Optics & Lens Ltd. has announced public offering of 6562800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 71.00 per share. The gross proceeds of the issue are expected to be Rs 5,512.75 lakhs.
The company's initial public offer (IPO) will open on 27 March 2024 and is expected to close on 03 April 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 75.00-81.00 per share.
The IPO includes a fresh Issue of 6562800 Equity Shares of the Company at an price of Rs 81.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Yash Optics & Lens Ltd. anticipates using the proceeds of the issue for .
Shreni Shares Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.
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