Leo Dryfruits & Spices Trading Ltd. has announced public offering of 4830000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 42.00 per share. The gross proceeds of the issue are expected to be Rs 2,511.60 lakhs.
The company's initial public offer (IPO) will open on 01 January 2025 and is expected to close on 03 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 51.00-52.00 per share.
The IPO includes a fresh Issue of 4830000 Equity Shares of the Company at an price of Rs 52.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Leo Dryfruits & Spices Trading Ltd. anticipates using the proceeds of the issue for .
Shreni Shares Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.