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News Details

25/09/2023 18:40

Vishnusurya Projects announces launch of initial public offering

Vishnusurya Projects And Infra Ltd. has announced public offering of 7350000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 58.00 per share. The gross proceeds of the issue are expected to be Rs 4,998.00 lakhs.

The company's initial public offer (IPO) will open on 29 September 2023 and is expected to close on 04 October 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 7350000 Equity Shares of the Company at an price of Rs 68.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Vishnusurya Projects And Infra Ltd. anticipates using the proceeds of the issue for .

Khandwala Securities Limited as lead manager & Cameo Corporate Services Limited is the registrar, to the issue.