Sat Kartar Shopping Ltd. has announced public offering of 4172800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 71.00 per share. The gross proceeds of the issue are expected to be Rs 3,379.97 lakhs.
The company's initial public offer (IPO) will open on 10 January 2025 and is expected to close on 14 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 77.00-81.00 per share.
The IPO includes a fresh Issue of 4172800 Equity Shares of the Company at an price of Rs 81.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Sat Kartar Shopping Ltd. anticipates using the proceeds of the issue for .
Narnolia Financial Services Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.