SK International Exp announces launch of initial public offering
21/06/2019 12:30
SK International Export Ltd. has announced public offering of 1980000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 10.00 per share. The gross proceeds of the issue are expected to be Rs 396.00 lakhs.

The company's initial public offer (IPO) will open on 28 June 2019 and is expected to close on 05 July 2019, subject to customary closing conditions.

The IPO includes a fresh Issue of 1980000 Equity Shares of the Company at an price of Rs 20.00 per Equity Share. The company has fixed the minimum bid lot for the issue at shares with bids in multiples of .

SK International Export Ltd. anticipates using the proceeds of the issue for A To meet the working capital requirements of the company,B General Corporate Purposes,C To meet the Issue Expenses.

Finshore Management Services Ltd. as lead manager & Karvy Fintech Pvt. Ltd. is the registrar, to the issue.