Hamps Bio Ltd. has announced public offering of 1220000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 41.00 per share. The gross proceeds of the issue are expected to be Rs 622.20 lakhs.

The company's initial public offer (IPO) will open on 13 December 2024 and is expected to close on 17 December 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 1220000 Equity Shares of the Company at an price of Rs 51.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Hamps Bio Ltd. anticipates using the proceeds of the issue for .

Marwadi Chandarana Intermediaries Brokers Pvt. Ltd as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.