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News Details

26/06/2023 11:50

Tridhya Tech announces launch of initial public offering

Tridhya Tech Ltd. has announced public offering of 6288000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 32.00 per share. The gross proceeds of the issue are expected to be Rs 2,640.96 lakhs.

The company's initial public offer (IPO) will open on 30 June 2023 and is expected to close on 05 July 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 35.00-42.00 per share.

The IPO includes a fresh Issue of 6288000 Equity Shares of the Company at an price of Rs 42.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Tridhya Tech Ltd. anticipates using the proceeds of the issue for .

Interactive Financial Services Ltd. as lead manager & Link Intime India Private Limited is the registrar, to the issue.