Evoq Remedies Ltd. has announced public offering of 3600000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 27.00 per share. The gross proceeds of the issue are expected to be Rs 1,332.00 lakhs.

The company's initial public offer (IPO) will open on 17 March 2022 and is expected to close on 22 March 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 3600000 Equity Shares of the Company at an price of Rs 37.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 4000 shares with bids in multiples of 4000.

Evoq Remedies Ltd. anticipates using the proceeds of the issue for .

SWASTIKA INVESTMART LIMITED as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.