CFF Fluid Control Ltd. has announced public offering of 5200000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 155.00 per share. The gross proceeds of the issue are expected to be Rs 8,580.00 lakhs.
The company's initial public offer (IPO) will open on 30 May 2023 and is expected to close on 02 June 2023, subject to customary closing conditions.
The IPO includes a fresh Issue of 5200000 Equity Shares of the Company at an price of Rs 165.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.
CFF Fluid Control Ltd. anticipates using the proceeds of the issue for .
Aryaman Financial Services Ltd. as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.