Durlax Top Surface Ltd. has announced public offering of 6000000 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 4,080.00 lakhs.
The company's initial public offer (IPO) will open on 19 June 2024 and is expected to close on 21 June 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 65.00-68.00 per share.
The IPO includes a fresh Issue of 6000000 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.
Durlax Top Surface Ltd. anticipates using the proceeds of the issue for .
Expert Global Consultants Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.