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( As on 06/11/2019 11:00) Anuroop Packaging Lt announces launch of initial public offering

Anuroop Packaging Ltd. has announced public offering of 2030000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 3.00 per share. The gross proceeds of the issue are expected to be Rs 263.90 lakhs.

The company's initial public offer (IPO) will open on 08 November 2019 and is expected to close on 13 November 2019, subject to customary closing conditions.

The IPO includes a fresh Issue of 2030000 Equity Shares of the Company at an price of Rs 13.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 10000 shares with bids in multiples of 10000.

Anuroop Packaging Ltd. anticipates using the proceeds of the issue for .

Gretex Corporate Services Pvt. Ltd. as lead manager & Karvy Fintech Pvt. Ltd. is the registrar, to the issue.
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