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News Details

( As on 05/12/2025 07:00)

Neptune Logitek announces launch of initial public offering

Neptune Logitek Ltd. has announced public offering of 3700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 116.00 per share. The gross proceeds of the issue are expected to be Rs 4,662.00 lakhs.

The company's initial public offer (IPO) will open on 15 December 2025 and is expected to close on 17 December 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 3700000 Equity Shares of the Company at an price of Rs 126.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Neptune Logitek Ltd. anticipates using the proceeds of the issue for .

Galactico Corporate Services Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.