Maruti Interior Prod announces launch of initial public offering
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Maruti Interior Products Ltd. has announced public offering of 2000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 45.00 per share. The gross proceeds of the issue are expected to be Rs 1,100.00 lakhs. The company's initial public offer (IPO) will open on 03 February 2022 and is expected to close on 08 February 2022, subject to customary closing conditions. The IPO includes a fresh Issue of 2000000 Equity Shares of the Company at an price of Rs 55.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000. Maruti Interior Products Ltd. anticipates using the proceeds of the issue for . ISK ADVISORS PRIVATE LIMITED as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
