Empyrean Cashews Ltd. has announced public offering of 5247000 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 1,941.39 lakhs.

The company's initial public offer (IPO) will open on 21 March 2022 and is expected to close on 23 March 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 5247000 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 3000 shares with bids in multiples of 3000.

Empyrean Cashews Ltd. anticipates using the proceeds of the issue for .

Systematix Corporate Services Ltd. as lead manager & PURVA SHAREGISTRY (INDIA) PVT LTD. is the registrar, to the issue.