S S Infra to launch IPO on NSE Emerge on Mar 28 23/03/2018

S S Infra to launch IPO on NSE Emerge on Mar 28
23/03/2018

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S S Infrastructure Development Consultants will launch its initial public offer on March 28 on NSE Emerge platform to raise about Rs 17 crore, reported PTI. The price band for the offer has been fixed at Rs 37-40 per share, a company statement said. The issue is of up to 42,78,000 shares. The net proceeds will be utilised for renovation of existing offices and opening of new branch office, purchasing of software and hardware, funding the working capital requirements and other general corporate purposes, it said. Pantomath Capital Advisors is the book running lead manager to the issue while Bigshare Services is the registrar. Shares of the company are proposed to be listed on NSE Emerge.

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