DAPS Advertising Ltd. has announced public offering of 1700000 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 510.00 lakhs.

The company's initial public offer (IPO) will open on 31 October 2022 and is expected to close on 03 November 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 1700000 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.

DAPS Advertising Ltd. anticipates using the proceeds of the issue for .

Shreni Shares Pvt. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.