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Solve Plastic Products Ltd. has announced public offering of 1302000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 81.00 per share. The gross proceeds of the issue are expected to be Rs 1,184.82 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 1302000 Equity Shares of the Company at an price of Rs 91.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Solve Plastic Products Ltd. anticipates using the proceeds of the issue for .
Finshore Management Services Ltd. as lead manager & Integrated Registry Management Services Pvt. Ltd. is the registrar, to the issue.
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