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News Details

21/02/2023 15:52

Amanaya Ventures announces launch of initial public offering

Amanaya Ventures Ltd. has announced public offering of 1200000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 13.00 per share. The gross proceeds of the issue are expected to be Rs 276.00 lakhs.

The company's initial public offer (IPO) will open on 24 February 2023 and is expected to close on 28 February 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 1200000 Equity Shares of the Company at an price of Rs 23.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6000 shares with bids in multiples of 6000.

Amanaya Ventures Ltd. anticipates using the proceeds of the issue for .

FIRST OVERSEAS CAPITAL LIMITED as lead manager & BEETAL FINANCIAL & COMPUTER SERVICES (P) LTD is the registrar, to the issue.