News Details
Category : IPO
Headline : Quality Foils (India announces launch of initial public offering
Date: 06/03/2023 11:50
Quality Foils (India) Ltd. has announced public offering of 754000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share. The gross proceeds of the issue are expected to be Rs 452.40 lakhs.

The company's initial public offer (IPO) will open on 14 March 2023 and is expected to close on 16 March 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 754000 Equity Shares of the Company at an price of Rs 60.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Quality Foils (India) Ltd. anticipates using the proceeds of the issue for .

Khambatta Securities Ltd as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.