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Category :
IPO
Headline :
TAC Infosec announces launch of initial public offering
Date:
20/03/2024 12:20
TAC Infosec Ltd. has announced public offering of 2829600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 96.00 per share. The gross proceeds of the issue are expected to be Rs 2,999.38 lakhs.
The company's initial public offer (IPO) will open on 27 March 2024 and is expected to close on 02 April 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 100.00-106.00 per share.
The IPO includes a fresh Issue of 2829600 Equity Shares of the Company at an price of Rs 106.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
TAC Infosec Ltd. anticipates using the proceeds of the issue for .
Beeline Capital Advisors Pvt. Ltd. as lead manager & Skyline Financial Services Pvt Ltd is the registrar, to the issue.
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