Ahlada Engineers IPO to open on Sep 11, price band at Rs 147-150
The IPO will see the sale of 34,05,000 shares with a price band of Rs 147 to Rs 150 apiece, the company said in a statement.
- Country:
- India
Steel doors manufacturer Ahlada Engineers' initial public offering (IPO) will open on September 11 to raise Rs 51 crore.
The IPO will see the sale of 34,05,000 shares with a price band of Rs 147 to Rs 150 apiece, the company said in a statement.
The initial share-sale will close on September 18.
Proceeds of the issue will be utilized for the purchase of machinery, funding of working capital and other general corporate purposes.
Saffron Capital Advisors will manage the IPO and shares will be listed on the NSE's SME platform.
Google News