Neptune Logitek to raise Rs. 46.62 crore through IPO for fleet expansion

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Neptune Logitek’s Rs. 46.62 crore IPO to open on December 15

Gandhidham (Gujarat) [India], December 8: Neptune Logitek Limited, an integrated logistics solutions provider, will launch its Initial Public Offering (IPO) to raise Rs. 46.62 crore on December 15. The IPO will close on December 17. Proceeds from the IPO will be used primarily for fleet expansion, repayment of Debt and related operational needs.

The company is offering 37,00,000 equity shares with a face value of Rs. 10 each at an issue price of Rs. 126 per share. Investors…



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Neptune Logitek to raise Rs. 46.62 crore through IPO for fleet expansion


Neptune Logitek’s Rs. 46.62 crore IPO to open on December 15

Gandhidham (Gujarat) [India], December 8: Neptune Logitek Limited, an integrated logistics solutions provider, will launch its Initial Public Offering (IPO) to raise Rs. 46.62 crore on December 15. The IPO will close on December 17. Proceeds from the IPO will be used primarily for fleet expansion, repayment of Debt and related operational needs.

The company is offering 37,00,000 equity shares with a face value of Rs. 10 each at an issue price of Rs. 126 per share. Investors…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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