eMudhra Limited’s Initial Public Offering to open on May 20, 2022, sets price band at ₹ 243 to ₹ 256 per Equity Share

 eMudhra Limited’s Initial Public Offering to open on May 20, 2022, sets price band at ₹ 243 to ₹ 256 per Equity Share

 

Mumbai, May 16, 2022: Digital Security firm eMudhra Limited (“The Company”) has fixed the price band at ₹ 243 to ₹ 256 per Equity Share for its maiden public offer. The initial public offering (“IPO” or “Offer”) of the Company will open on May 20, 2022, for subscription and close on May 24, 2022. Investors can bid for a minimum of 58 Equity Shares and in multiples of 58 Equity Shares thereafter.

 

The IPO consists of a fresh issue of equity shares aggregating to ₹ 161 crore and an offer for sale (OFS) of up to 9,835,394 equity shares.