Diksha Greens announces launch of initial public offering
22/11/2018 11:50
Diksha Greens Ltd. has announced public offering of 4440000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 20.00 per share. The gross proceeds of the issue are expected to be Rs 1,332.00 lakhs.

The company's initial public offer (IPO) will open on 26 November 2018 and is expected to close on 28 November 2018, subject to customary closing conditions.

The IPO includes a fresh Issue of 4440000 Equity Shares of the Company at an price of Rs 30.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 4000 shares with bids in multiples of 4000.

Diksha Greens Ltd. anticipates using the proceeds of the issue for To meet the working requirement of the company To meet the Issue Expenses.

Finshore Management Services Ltd. as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.