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News Details

21/11/2024 14:10

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Agarwal Toughened announces launch of initial public offering

Agarwal Toughened Glass India Ltd. has announced public offering of 5799600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 98.00 per share. The gross proceeds of the issue are expected to be Rs 6,263.57 lakhs.

The company's initial public offer (IPO) will open on 28 November 2024 and is expected to close on 02 December 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 105.00-108.00 per share.

The IPO includes a fresh Issue of 5799600 Equity Shares of the Company at an price of Rs 108.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Agarwal Toughened Glass India Ltd. anticipates using the proceeds of the issue for .

Cumulative Capital Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.