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(09/09/2025 13:20)

Krupalu Metals announces launch of initial public offering

Krupalu Metals Ltd. has announced public offering of 1872000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 1,347.84 lakhs.

The company's initial public offer (IPO) will open on 08 September 2025 and is expected to close on 11 September 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 1872000 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Krupalu Metals Ltd. anticipates using the proceeds of the issue for .

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