Jayant Infratech Ltd. has announced public offering of 924000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 57.00 per share. The gross proceeds of the issue are expected to be Rs 619.08 lakhs.
The company's initial public offer (IPO) will open on 30 June 2022 and is expected to close on 05 July 2022, subject to customary closing conditions.
The IPO includes a fresh Issue of 924000 Equity Shares of the Company at an price of Rs 67.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Jayant Infratech Ltd. anticipates using the proceeds of the issue for .
Gretex Corporate Services Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.