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Broach Lifecare Hospital Ltd. has announced public offering of 1608000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 15.00 per share. The gross proceeds of the issue are expected to be Rs 402.00 lakhs.
The company's initial public offer (IPO) will open on 13 August 2024 and is expected to close on 16 August 2024, subject to customary closing conditions.
The IPO includes a fresh Issue of 1608000 Equity Shares of the Company at an price of Rs 25.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6000 shares with bids in multiples of 6000.
Broach Lifecare Hospital Ltd. anticipates using the proceeds of the issue for .
Fedex Securities Private Limited as lead manager & KFin Technologies Ltd. is the registrar, to the issue.
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