Containe Technologies Ltd. has announced public offering of 1752000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 5.00 per share. The gross proceeds of the issue are expected to be Rs 262.80 lakhs.

The company's initial public offer (IPO) will open on 20 September 2022 and is expected to close on 22 September 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 1752000 Equity Shares of the Company at an price of Rs 15.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 8000 shares with bids in multiples of 8000.

Containe Technologies Ltd. anticipates using the proceeds of the issue for .

Finshore Management Services Ltd. as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.