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News Details

16/09/2024 15:40

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Avi Ansh Textile announces launch of initial public offering

Avi Ansh Textile Ltd. has announced public offering of 4193541 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 52.00 per share. The gross proceeds of the issue are expected to be Rs 2,600.00 lakhs.

The company's initial public offer (IPO) will open on 20 September 2024 and is expected to close on 24 September 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 4193541 Equity Shares of the Company at an price of Rs 62.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Avi Ansh Textile Ltd. anticipates using the proceeds of the issue for .

3Dimension Capital Services Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.