India, May 3 -- Silkflex Polymers (India) Ltd. has announced public offering of 3482000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 42.00 per share. The gross proceeds of the issue are expected to be Rs 1,810.64 lakhs.
The company's initial public offer (IPO) will open on 07 May 2024 and is expected to close on 10 May 2024, subject to customary closing conditions.
The IPO includes a fresh Issue of 3482000 Equity Shares of the Company at an price of Rs 52.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Silkflex Polymers (India) Ltd. anticipates using the proceeds of the issue for .
Shreni Shares Ltd. as lead manager & Bigshare Services Private ...