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Category :
IPO
Headline :
Global Surfaces announces launch of initial public offering
Date:
06/03/2023 11:40
Global Surfaces Ltd. has announced public offering of 11070000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 130.00 per share. The gross proceeds of the issue are expected to be Rs 15,498.00 lakhs.
The company's initial public offer (IPO) will open on 13 March 2023 and is expected to close on 15 March 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 133.00-140.00 per share.
The IPO includes a fresh Issue of 11070000 Equity Shares of the Company at an price of Rs 140.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 100 shares with bids in multiples of 100.
Global Surfaces Ltd. anticipates using the proceeds of the issue for .
Unistone Capital Pvt. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.
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