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News Details

02/09/2024 13:00

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Shree Tirupati Balaj announces launch of initial public offering

Shree Tirupati Balajee Agro Trading Company Ltd. has announced public offering of 20440000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 73.00 per share. The gross proceeds of the issue are expected to be Rs 16,965.20 lakhs.

The company's initial public offer (IPO) will open on 05 September 2024 and is expected to close on 09 September 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 78.00-83.00 per share.

The IPO includes a fresh Issue of 20440000 Equity Shares of the Company at an price of Rs 83.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 180 shares with bids in multiples of 180.

Shree Tirupati Balajee Agro Trading Company Ltd. anticipates using the proceeds of the issue for .

PNB Investment Services Ltd,Unistone Capital Pvt. Ltd. as lead manager(s) & Link Intime India Pvt. Ltd. is the registrar, to the issue.