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News Details

25/08/2026 19:20

Paluck Technologies announces launch of initial public offering

Paluck Technologies Ltd. has announced public offering of 6876000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 38.00 per share. The gross proceeds of the issue are expected to be Rs 3,300.48 lakhs.

The company's initial public offer (IPO) will open on 28 August 2026 and is expected to close on 01 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 46.00-48.00 per share.

The IPO includes a fresh Issue of 6876000 Equity Shares of the Company at an price of Rs 48.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Paluck Technologies Ltd. anticipates using the proceeds of the issue for .

Horizon Management Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.