News Details

( As on 13/01/2022 14:00)

DJ Mediaprint & Logi announces launch of initial public offering

DJ Mediaprint & Logistics Ltd. has announced public offering of 1200000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 115.00 per share. The gross proceeds of the issue are expected to be Rs 1,500.00 lakhs.

The company's initial public offer (IPO) will open on 18 January 2022 and is expected to close on 20 January 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 1200000 Equity Shares of the Company at an price of Rs 125.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

DJ Mediaprint & Logistics Ltd. anticipates using the proceeds of the issue for To Meet working capital requirement Public issue expenses General corporate purpose.

Finshore Management Services Ltd. as lead manager & PURVA SHAREGISTRY INDIA PRIVATE LIMITED is the registrar, to the issue.