Yudiz Solutions Ltd. has announced public offering of 2717600 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 4,484.04 lakhs.
The company's initial public offer (IPO) will open on 04 August 2023 and is expected to close on 08 August 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 162.00-165.00 per share.
The IPO includes a fresh Issue of 2717600 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.
Yudiz Solutions Ltd. anticipates using the proceeds of the issue for .
Narnolia Financial Services Ltd. as lead manager & MAS SERVICES LIMITED is the registrar, to the issue.