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News Details

( As on 09/04/2024 12:00)

Grill Splendour Serv announces launch of initial public offering

Grill Splendour Services Ltd. has announced public offering of 1372800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 110.00 per share. The gross proceeds of the issue are expected to be Rs 1,647.36 lakhs.

The company's initial public offer (IPO) will open on 15 April 2024 and is expected to close on 18 April 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 1372800 Equity Shares of the Company at an price of Rs 120.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Grill Splendour Services Ltd. anticipates using the proceeds of the issue for .

Inventure Merchant Banker Services P. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.