Shashwat Furnishing Solutions Ltd IPO Details, Date, Share Price Range
Author: Libord Brokerage Pvt. Ltd Posted on 19 Apr 2022 11:31:20Category : ipo news
Shashwat Furnishing Solutions Ltd IPO Details:
Shashwat Furnishing Solutions Ltd. has announced public offering of 558000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 35.00 per share. The gross proceeds of the issue are expected to be Rs 251.10 lakhs.
The company's initial public offer (IPO) will open on 20 April 2022 and is expected to close on 25 April 2022, subject to customary closing conditions.
The IPO includes a fresh Issue of 558000 Equity Shares of the Company at an price of Rs 45.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.
Shashwat Furnishing Solutions Ltd. anticipates using the proceeds of the issue for Working Capital Requirement
General Corporate Purpose
To Meet the Issue Expenses.
BEELINE BROKING LIMITED as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.
If the Shashwat Furnishing Solutions Ltd is something that you’re looking to invest in come 20 April 2022, it would be a good idea to start the demat account opening process right away.
Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.
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