Dharni Capital Services Ltd. has announced public offering of 5370000 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 19.00 per share. The gross proceeds of the issue are expected to be Rs 1,074.00 lakhs.

The company's initial public offer (IPO) will open on 18 January 2023 and is expected to close on 20 January 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 5370000 Equity Shares of the Company at an price of Rs 20.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6000 shares with bids in multiples of 6000.

Dharni Capital Services Ltd. anticipates using the proceeds of the issue for .

Srujan Alpha Capital Advisors LLP as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.