India, May 2 -- Energy-Mission Machineries (India) Ltd. has announced public offering of 2982000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 128.00 per share. The gross proceeds of the issue are expected to be Rs 4,115.16 lakhs.
The company's initial public offer (IPO) will open on 09 May 2024 and is expected to close on 13 May 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 131.00-138.00 per share.
The IPO includes a fresh Issue of 2982000 Equity Shares of the Company at an price of Rs 138.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.
Energy-Mission Machineries (India) Ltd. anticipates using th...