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Category :
IPO
Headline :
K2 Infragen announces launch of initial public offering
Date:
22/03/2024 17:50
K2 Infragen Ltd. has announced public offering of 3406800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 109.00 per share. The gross proceeds of the issue are expected to be Rs 4,054.09 lakhs.
The company's initial public offer (IPO) will open on 28 March 2024 and is expected to close on 03 April 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 111.00-119.00 per share.
The IPO includes a fresh Issue of 3406800 Equity Shares of the Company at an price of Rs 119.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
K2 Infragen Ltd. anticipates using the proceeds of the issue for .
Expert Global Consultants Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.
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