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Category :
IPO
Headline :
Naman In-Store (Indi announces launch of initial public offering
Date:
18/03/2024 11:10
Naman In-Store (India) Ltd. has announced public offering of 2848000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 79.00 per share. The gross proceeds of the issue are expected to be Rs 2,534.72 lakhs.
The company's initial public offer (IPO) will open on 22 March 2024 and is expected to close on 27 March 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 84.00-89.00 per share.
The IPO includes a fresh Issue of 2848000 Equity Shares of the Company at an price of Rs 89.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Naman In-Store (India) Ltd. anticipates using the proceeds of the issue for .
GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.
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