Initial public offering of 2,34,00,000 equity shares of face value of Rs. 10 each ("equity shares") of the company for cash at a price of Rs. 99 per equity share (including a share premium of Rs. 89 Per Equity Share) ("Issue Price") aggregating up to RS. 231.66 Crore (the "Issue"). the issue would constitute 26.98% of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 94/- to Rs. 99/- for equity share of face value of Rs. 10 each.
The floor price is 9.40 times times the face value and cap price is 9.90 times of the face value of the equity shares.
Bids can made for a minimum of 151 equity shares and in multiples of 151 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Sep-2025
26-Sep-2025
₹ 99.00
₹ 0.00
Minimum Application for shares in Nos : 151.0
Further Multiples of : 151.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer
231.66
Post Issue Equity Share Capital
86.72
Issue Price
₹99.00
Projects
Repayment/Pre-payment in full or in part of certain outstanding borrowings availed by the company