Sungold Media and Entertainment announces launch of IPO
07/08/2018 11:40
Sungold Media and Entertainment Ltd. has announced public offering of 1350000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 0.00 per share. The gross proceeds of the issue are expected to be Rs 135.00 lakhs.

The company's initial public offer (IPO) will open on 09 August 2018 and is expected to close on 14 August 2018, subject to customary closing conditions.

The IPO includes a fresh Issue of 1350000 Equity Shares of the Company at an price of Rs 10.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 10000 shares with bids in multiples of 10000.

Finshore Management Services Ltd. as lead manager & Satellite Corporate Services Pvt. Ltd. is the registrar, to the issue.