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(17/12/2025 15:50)

Admach Systems announces launch of initial public offering

Admach Systems Ltd. has announced public offering of 1782600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 229.00 per share. The gross proceeds of the issue are expected to be Rs 4,260.41 lakhs.

The company's initial public offer (IPO) will open on 23 December 2025 and is expected to close on 26 December 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 227.00-239.00 per share.

The IPO includes a fresh Issue of 1782600 Equity Shares of the Company at an price of Rs 239.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Admach Systems Ltd. anticipates using the proceeds of the issue for .

Aftertrade Broking Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.
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