On Monday, March 20, 2023, public subscription for Udayashivkumar Infra Limited’s Initial Public Offering (IPO) will begin. The three-day share sale will complete on Wednesday, March 23, 2023. Beginning on March 17, 2023, bids are accepted for anchor investors. The price range for the offering has been set at 33 to 35 cents per share.
The new offering of 20,000,000 equity shares with a face value of 10 is part of the Udayashivkumar Infra IPO. The issue’s proceeds will be put to use for both new working capital needs and general business needs. Lots of the IPO can be applied for by bidders, and one lot contains 428 of the company’s shares.