Check out Graphisads Limited IPO’s price band, lot size and more
by mydhanush on 1 December 2023, 2 min read
The IPO for Graphisads Ltd, a marketing and advertising company, commenced its subscription on November 30. Graphisads operates as an integrated marketing, advertising, and communications agency, offering comprehensive solutions to a diverse range of clients. The company delivers advertising services based on work orders received from government, private, and public sector entities.
The IPO price band for Graphisads is set at Rs 111 per share, with a lot size of 1,200 shares, requiring a minimum investment amount of Rs 133,200 for retail investors.
The funds raised from the IPO will be allocated towards the repayment of specific borrowings, meeting working capital requirements, and covering general corporate expenses.
First Overseas Capital Ltd serves as the book running lead manager for the Graphisads IPO, and Kfin Technologies is appointed as the IPO registrar.
Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.
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