The public issue is scheduled to open for subscription on December 18, with the closing date set for December 20.
IPO Price Band
The price band for the offer has been fixed at ₹52-55 per share.
IPO Size
It is a book built issue of ₹151.09 crores and is entirely a fresh issue of 2.75 crore shares.
IPO Reservation
Not more than 50% of the issue reserved for QIB, not less than 35% of the issue reserved for retail investors and not less than 15% of the reserved for Non-institutional Investors (NII).
IPO Registrar
Link Intime India Private Ltd is the registrar for the issue.
IPO Book Running Managers
Holani Consultants Private Limited is the book running lead manager of the issue.
IPO Promoters Holding
Mr. Sandeep Chhabra, Mr. Sanjay Chhabra, Ms. Namita Chhabra, Ms. Kajal Chhabra, Moti Lal Sandeep Chhabra HUF, Sandeep Chhabra HUF and Sanjay Chhabra HUF.
IPO Allotement Date
IPO is expected to be finalized on Thursday, December 21, 2023.
IPO Listing Date
The IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 26, 2023.
IPO Objective
₹58 crore will be utilised for repayment of debt and ₹71 crore for working capital requirements. And the remaining will be set aside for general corporate purposes going ahead.