media

Markets

Market Nav

News Details

28/09/2020 17:20

Atal Realtech announces launch of initial public offering

Atal Realtech Ltd. has announced public offering of 1504000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 1,082.88 lakhs.

The company's initial public offer (IPO) will open on 30 September 2020 and is expected to close on 07 October 2020, subject to customary closing conditions.

The IPO includes a fresh Issue of 1504000 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Atal Realtech Ltd. anticipates using the proceeds of the issue for .

ARYAMAN FINANCIAL SERVICES LIMITED,GALACTICO CORPORATE SERVICES LIMITED as lead manager(s) & Bigshare Services Pvt. Ltd. is the registrar, to the issue.