India, Sept. 24 -- Papadmalji Agro Foods Ltd. has announced public offering of 2803200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 2,018.30 lakhs.
The company's initial public offer (IPO) will open on 29 September 2026 and is expected to close on 01 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 69.00-72.00 per share.
The IPO includes a fresh Issue of 2803200 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Papadmalji Agro Foods Ltd. anticipates using the proceeds of the...