Kandarp Digi Smart BPO Ltd. has announced public offering of 2700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 20.00 per share. The gross proceeds of the issue are expected to be Rs 810.00 lakhs.
The company's initial public offer (IPO) will open on 16 September 2022 and is expected to close on 20 September 2022, subject to customary closing conditions.
The IPO includes a fresh Issue of 2700000 Equity Shares of the Company at an price of Rs 30.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 4000 shares with bids in multiples of 4000.
Kandarp Digi Smart BPO Ltd. anticipates using the proceeds of the issue for To Meet Working Capital Requirement
General Corporate Purpose
To Meet the Issue Expenses.
Beeline Capital Advisors Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.