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News Details

01/07/2024 11:10

Ganesh Green Bharat announces launch of initial public offering

Ganesh Green Bharat Ltd. has announced public offering of 6591000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 180.00 per share. The gross proceeds of the issue are expected to be Rs 12,522.90 lakhs.

The company's initial public offer (IPO) will open on 05 July 2024 and is expected to close on 09 July 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 181.00-190.00 per share.

The IPO includes a fresh Issue of 6591000 Equity Shares of the Company at an price of Rs 190.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Ganesh Green Bharat Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & KFin Technologies Ltd. is the registrar, to the issue.