New Delhi, July 30 -- The initial public offering (IPO) of Jyoti Global Plast is set to hit the Indian stock market next week to raise Rs.35.44 crore following an approval to launch its public issue on the NSE Emerge Platform. The issue is set to open on August 4 and end on August 6.

Jyoti Global Plast is a leading polymer-based packaging manufacturer, with a recent foray into defence and aerospace.

The offer is a mix of fresh issue of 40,50,000 shares and an offer for sale (OFS) of up to 10,50,000 equity shares of face value of Rs.10 each. Jyoti Global Plast IPO price band has been fixed in the range of Rs.62 to Rs.66 per share.

Retail investors can bid for the IPO in lot sizes of 4,000 shares, amounting to a minimum investment of Rs....