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News Details

10/08/2023 16:11

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Crop Life Science announces launch of initial public offering

Crop Life Science Ltd. has announced public offering of 5140000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 42.00 per share. The gross proceeds of the issue are expected to be Rs 2,672.80 lakhs.

The company's initial public offer (IPO) will open on 18 August 2023 and is expected to close on 22 August 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 5140000 Equity Shares of the Company at an price of Rs 52.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Crop Life Science Ltd. anticipates using the proceeds of the issue for .

Interactive Financial Services Ltd. as lead manager & PURVA SHAREGISTRY INDIA PVT LTD. is the registrar, to the issue.