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News Details

25/03/2022 16:20

Dhyaani Tile and Mar announces launch of initial public offering

Dhyaani Tile and Marblez Ltd. has announced public offering of 480000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 41.00 per share. The gross proceeds of the issue are expected to be Rs 244.80 lakhs.

The company's initial public offer (IPO) will open on 30 March 2022 and is expected to close on 04 April 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 480000 Equity Shares of the Company at an price of Rs 51.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Dhyaani Tile and Marblez Ltd. anticipates using the proceeds of the issue for .

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.