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News Details

( As on 20/03/2025 11:40)

Shri Ahimsa Naturals announces launch of initial public offering

Shri Ahimsa Naturals Ltd. has announced public offering of 6202800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 109.00 per share. The gross proceeds of the issue are expected to be Rs 7,381.33 lakhs.

The company's initial public offer (IPO) will open on 25 March 2025 and is expected to close on 27 March 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 113.00-119.00 per share.

The IPO includes a fresh Issue of 6202800 Equity Shares of the Company at an price of Rs 119.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Shri Ahimsa Naturals Ltd. anticipates using the proceeds of the issue for .

Srujan Alpha Capital Advisors LLP as lead manager & Cameo Corporate Services Ltd. is the registrar, to the issue.