India, July 22 -- Sellowrap Industries Ltd. has announced public offering of 3648000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 73.00 per share. The gross proceeds of the issue are expected to be Rs 3,027.84 lakhs.
The company's initial public offer (IPO) will open on 25 July 2025 and is expected to close on 29 July 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 79.00-83.00 per share.
The IPO includes a fresh Issue of 3648000 Equity Shares of the Company at an price of Rs 83.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Sellowrap Industries Ltd. anticipates using the proceeds of the issue for ...