Humming Bird Educat announces launch of initial public offering
13/03/2019 15:00
Humming Bird Education Ltd. has announced public offering of 163000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 122.00 per share. The gross proceeds of the issue are expected to be Rs 215.16 lakhs.

The company's initial public offer (IPO) will open on 15 March 2019 and is expected to close on 19 March 2019, subject to customary closing conditions.

The IPO includes a fresh Issue of 163000 Equity Shares of the Company at an price of Rs 132.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Humming Bird Education Ltd. anticipates using the proceeds of the issue for .

as lead manager & is the registrar, to the issue.