Ekennis Software Service Ltd. has announced public offering of 400000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 288.00 lakhs.

The company's initial public offer (IPO) will open on 21 February 2022 and is expected to close on 24 February 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 400000 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Ekennis Software Service Ltd. anticipates using the proceeds of the issue for .

Shreni Shares Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.