The company is issuing 269,630 units of ordinary shares to the general public. Out of the total offered shares, the company allotted 4,148 units to employees and 13,482 units to mutual funds. The general public can apply for the remaining 252,000 unit of shares.
The company has appointed Sanima Capital as its issue manager. The interested investors can apply for a minimum of 10 units and maximum of 1,340 units of shares through all C-ASBA approved BFIs and meroshare software.
After the IPO, the paid-up capital of the company will reach Rs 82.9 million maintaining its promoter and ordinary share ownership to 67.50:32.50.