Service Care Ltd. has announced public offering of 3086000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 57.00 per share. The gross proceeds of the issue are expected to be Rs 2,067.62 lakhs.

The company's initial public offer (IPO) will open on 14 July 2023 and is expected to close on 18 July 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 63.00-67.00 per share.

The IPO includes a fresh Issue of 3086000 Equity Shares of the Company at an price of Rs 67.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Service Care Ltd. anticipates using the proceeds of the issue for .

SWASTIKA INVESTMART LIMITED as lead manager & Integrated Registry Management Services Pvt. Ltd. is the registrar, to the issue.