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Category :
IPO
Headline :
Krischa Strapping So announces launch of initial public offering
Date:
11/05/2023 13:20
Krischa Strapping Solutions Ltd has announced public offering of 3320000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 44.00 per share. The gross proceeds of the issue are expected to be Rs 1,792.80 lakhs.
The company's initial public offer (IPO) will open on 16 May 2023 and is expected to close on 19 May 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 51.00-54.00 per share.
The IPO includes a fresh Issue of 3320000 Equity Shares of the Company at an price of Rs 54.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Krischa Strapping Solutions Ltd anticipates using the proceeds of the issue for .
Share India Capital Services Pvt. Ltd. as lead manager & PURVA SHAREGISTRY INDIA PRIVATE LIMITED is the registrar, to the issue.
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