Fine Organic IPO to open on June 20
June 15, 2018
Ahmedabad: Fine Organic Industries Limited today said it proposes to open on Wednesday, June 20, 2018, an initial public offering of 7,664,994 Equity Shares through an offer for sale by the promoter group selling shareholders.
The Bid/Offer Period will close on Friday, June 22, 2018.
The Price Band for the Offer is from Rs. 780 to Rs. 783 per Equity Share. Bids can be made for a minimum lot of 19 Equity Shares and in multiples of 19 Equity Shares thereafter, the company said.
The Equity Shares are being offered through the red herring prospectus dated June 11, 2018 (the “RHP”) registered with the Registrar of Companies, Maharashtra at Mumbai.
The Equity Shares are proposed to be listed on BSE and NSE.
The Book Running Lead Managers (“BRLMs”) to the Offer are JM Financial Limited and Edelweiss Financial Services Limited. Karvy Computershare Private Limited is the Registrar to the Offer.
DeshGujarat
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