Rosmerta Digital Services Ltd. has announced public offering of 14036000 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 145.00 per share. The gross proceeds of the issue are expected to be Rs 20,632.92 lakhs.
The company's initial public offer (IPO) will open on 18 November 2024 and is expected to close on 21 November 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 140.00-147.00 per share.
The IPO includes a fresh Issue of 14036000 Equity Shares of the Company at an price of Rs 147.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.
Rosmerta Digital Services Ltd. anticipates using the proceeds of the issue for .
Narnolia Financial Services Ltd. as lead manager & Link Intime India Pvt. Ltd. is the registrar, to the issue.