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News Details

( As on 25/03/2025 15:00)

Aten Papers and Foam announces launch of initial public offering

Aten Papers and Foam Ltd. has announced public offering of 2311000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 86.00 per share. The gross proceeds of the issue are expected to be Rs 2,218.56 lakhs.

The company's initial public offer (IPO) will open on 28 March 2025 and is expected to close on 02 April 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 91.00-96.00 per share.

The IPO includes a fresh Issue of 2311000 Equity Shares of the Company at an price of Rs 96.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Aten Papers and Foam Ltd. anticipates using the proceeds of the issue for .

SWASTIKA INVESTMART LIMITED as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.