Euphoria Infotech Ltd. has announced public offering of 960000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 997.15 lakhs.

The company's initial public offer (IPO) will open on 19 January 2024 and is expected to close on 23 January 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 96.00-100.00 per share.

The IPO includes a fresh Issue of 960000 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Euphoria Infotech Ltd. anticipates using the proceeds of the issue for .

Khandwala Securities Limited as lead manager & MAS SERVICES LIMITED is the registrar, to the issue.