Dr. Agarwal's Health Care Ltd. has announced public offering of 75304971 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 401.00 per share. The gross proceeds of the issue are expected to be Rs 3,02,725.98 lakhs.
The company's initial public offer (IPO) will open on 29 January 2025 and is expected to close on 31 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 382.00-402.00 per share.
The IPO includes a fresh Issue of 75304971 Equity Shares of the Company at an price of Rs 402.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 35 shares with bids in multiples of 35.
Dr. Agarwal's Health Care Ltd. anticipates using the proceeds of the issue for .
Kotak Mahindra Capital Company Ltd.,Motilal Oswal Investment Advisors Private Limited,Jefferies India Pvt. Ltd.,Morgan Stanley India Company Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.