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News Details

( As on 24/04/2025 19:20)

Arunaya Organics announces launch of initial public offering

Arunaya Organics Ltd. has announced public offering of 5860000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 48.00 per share. The gross proceeds of the issue are expected to be Rs 3,398.80 lakhs.

The company's initial public offer (IPO) will open on 29 April 2025 and is expected to close on 02 May 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 55.00-58.00 per share.

The IPO includes a fresh Issue of 5860000 Equity Shares of the Company at an price of Rs 58.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Arunaya Organics Ltd. anticipates using the proceeds of the issue for .

Unistone Capital Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.