Baweja Studios Ltd. has announced public offering of 5400000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 170.00 per share. The gross proceeds of the issue are expected to be Rs 9,720.00 lakhs.

The company's initial public offer (IPO) will open on 29 January 2024 and is expected to close on 01 February 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 170.00-180.00 per share.

The IPO includes a fresh Issue of 5400000 Equity Shares of the Company at an price of Rs 180.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.

Baweja Studios Ltd. anticipates using the proceeds of the issue for .

Fedex Securities Private Limited as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.