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The shares are offered at a face value of ₹1 and is entirely an offer for sale of equity shares worth up to ₹650 crore by promoters and other selling shareholders with no fresh issue of shares.
Get latest articles and stories on Latest News at LatestLY. Float glassmaker Gold Plus Glass Industry Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). Latest News | Gold Plus Glass Industry Files IPO Papers with Sebi; Aims to Raise Rs 500 Cr Through Fresh Issue.
Gold Plus Glass Industry IPO | The IPO is a mix of fresh issuance of Rs 500 crore worth of equity shares and an offer-for-sale (OFS) of 1.57 crore equity shares by promoters and investors.
Gold Plus Glass Industry files IPO papers with Sebi; aims to raise ₹500 crore through fresh issue
Shark Tank fame and Executive Director of Emcure Pharmaceuticals, Namita Thapar said at the ET NOW Global Business Summit 2024 on February 10 that the company plans to go public within three months.