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News Details

( As on 04/11/2025 12:11)

Mahamaya Lifescience announces launch of initial public offering

Mahamaya Lifesciences Ltd. has announced public offering of 6178800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 104.00 per share. The gross proceeds of the issue are expected to be Rs 7,043.83 lakhs.

The company's initial public offer (IPO) will open on 11 November 2025 and is expected to close on 13 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 108.00-114.00 per share.

The IPO includes a fresh Issue of 6178800 Equity Shares of the Company at an price of Rs 114.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Mahamaya Lifesciences Ltd. anticipates using the proceeds of the issue for .

Oneview Corporate Advisors Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.