News Details
Category : IPO
Headline : Billwin Industries L announces launch of initial public offering
Date: 12/06/2020 11:20
Billwin Industries Ltd. has announced public offering of 666000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 27.00 per share. The gross proceeds of the issue are expected to be Rs 246.42 lakhs.

The company's initial public offer (IPO) will open on 18 June 2020 and is expected to close on 22 June 2020, subject to customary closing conditions.

The IPO includes a fresh Issue of 666000 Equity Shares of the Company at an price of Rs 37.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Billwin Industries Ltd. anticipates using the proceeds of the issue for To meet working capital requirement, Issue related expenses.

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