Kataria Industries Ltd. has announced public offering of 5685001 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 86.00 per share. The gross proceeds of the issue are expected to be Rs 5,457.60 lakhs.

The company's initial public offer (IPO) will open on 16 July 2024 and is expected to close on 19 July 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 91.00-96.00 per share.

The IPO includes a fresh Issue of 5685001 Equity Shares of the Company at an price of Rs 96.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Kataria Industries Ltd. anticipates using the proceeds of the issue for .

Interactive Financial Services Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.