News Details
Category : IPO
Headline : Vasa Denticity announces launch of initial public offering
Date: 17/05/2023 11:10
Vasa Denticity Ltd. has announced public offering of 4224000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 118.00 per share. The gross proceeds of the issue are expected to be Rs 5,406.72 lakhs.

The company's initial public offer (IPO) will open on 23 May 2023 and is expected to close on 25 May 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 121.00-128.00 per share.

The IPO includes a fresh Issue of 4224000 Equity Shares of the Company at an price of Rs 128.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Vasa Denticity Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & MAS SERVICES LIMITED is the registrar, to the issue.