Kahan Packaging Ltd. has announced public offering of 720000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 70.00 per share. The gross proceeds of the issue are expected to be Rs 576.00 lakhs.

The company's initial public offer (IPO) will open on 06 September 2023 and is expected to close on 08 September 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 720000 Equity Shares of the Company at an price of Rs 80.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Kahan Packaging Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & Purva Sharegistry (India) Pvt. Ltd. is the registrar, to the issue.