Platinum Industries Limited Announces IPO with Price Band of Rs. 162-171, Opening on Feb 27
Feb 22, 2024
Mumbai (Maharashtra) [India], February 22: Platinum Industries Ltd., an industry leader in the manufacturing of PVC and CPVC additives in India, has set the price band for its much-anticipated initial public offering (IPO) at Rs. 162-171. The IPO will be open for subscription from February 27, 2024, to February 29, 2024, with the anchor book opening a day earlier on February 26, 2024. The company will allot shares on March 1, 2024 with refunds processed on March 4, 2024. The company will be listed on the NSE and BSE, with trading of the equity shares to commence on March 5, 2024. At the upper price band, the fresh issue size amounts up to Rs. 235 crore, projecting a market capitalisation of Rs. 939 crore approximately post-listing.