Gajanand International Ltd. has announced public offering of 5736000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 26.00 per share. The gross proceeds of the issue are expected to be Rs 2,064.96 lakhs.

The company's initial public offer (IPO) will open on 09 September 2024 and is expected to close on 11 September 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 5736000 Equity Shares of the Company at an price of Rs 36.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Gajanand International Ltd. anticipates using the proceeds of the issue for .

Fast Track Finsec Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.