Italian Edibles Ltd. has announced public offering of 3920000 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 2,665.60 lakhs.

The company's initial public offer (IPO) will open on 02 February 2024 and is expected to close on 07 February 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 3920000 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.

Italian Edibles Ltd. anticipates using the proceeds of the issue for .

FIRST OVERSEAS CAPITAL LIMITED as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.