News Details
Category : IPO
Headline : Sonu Infratech announces launch of initial public offering
Date: 28/04/2022 13:00
Sonu Infratech Ltd. has announced public offering of 2400000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 26.00 per share. The gross proceeds of the issue are expected to be Rs 864.00 lakhs.

The company's initial public offer (IPO) will open on 29 April 2022 and is expected to close on 05 May 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 2400000 Equity Shares of the Company at an price of Rs 36.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Sonu Infratech Ltd. anticipates using the proceeds of the issue for .

SWASTIKA INVESTMART LIMITED as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.