Kalyani Cast-Tech Ltd. has announced public offering of 2166000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 129.00 per share. The gross proceeds of the issue are expected to be Rs 3,010.74 lakhs.

The company's initial public offer (IPO) will open on 08 November 2023 and is expected to close on 10 November 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 137.00-139.00 per share.

The IPO includes a fresh Issue of 2166000 Equity Shares of the Company at an price of Rs 139.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Kalyani Cast-Tech Ltd. anticipates using the proceeds of the issue for .

Gretex Corporate Services Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.