CWD Ltd. has announced public offering of 1000800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 170.00 per share. The gross proceeds of the issue are expected to be Rs 1,801.44 lakhs.

The company's initial public offer (IPO) will open on 30 September 2021 and is expected to close on 05 October 2021, subject to customary closing conditions.

The IPO includes a fresh Issue of 1000800 Equity Shares of the Company at an price of Rs 180.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

CWD Ltd. anticipates using the proceeds of the issue for Security Deposit towards acquisition of Registered Office on a long term lease basis

Funding Working Capital requirements

General Corporate Purpose.

Aryaman Financial Services Ltd. as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.