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News Details

( As on 29/04/2025 13:40)

Srigee DLM announces launch of initial public offering

Srigee DLM Ltd. has announced public offering of 2121900 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 89.00 per share. The gross proceeds of the issue are expected to be Rs 2,100.68 lakhs.

The company's initial public offer (IPO) will open on 05 May 2025 and is expected to close on 07 May 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 94.00-99.00 per share.

The IPO includes a fresh Issue of 2121900 Equity Shares of the Company at an price of Rs 99.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Srigee DLM Ltd. anticipates using the proceeds of the issue for .

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.