Global Pet Industries Ltd. has announced public offering of 2637000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 39.00 per share. The gross proceeds of the issue are expected to be Rs 1,292.13 lakhs.
The company's initial public offer (IPO) will open on 29 June 2023 and is expected to close on 03 July 2023, subject to customary closing conditions.
The IPO includes a fresh Issue of 2637000 Equity Shares of the Company at an price of Rs 49.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.
Global Pet Industries Ltd. anticipates using the proceeds of the issue for .
Shreni Shares Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.