Crayons Advertising IPO to open on May 22, sets price band at Rs 62-65 per share
The company would offer 64.30 lakh equity shares of face value Rs 10 each through the book-building process. At the upper price band of the issue, the advertising firm will raise Rs 41.79 crore.
Of the total 64.30 lakhs equity share offered, 30.52 lakh shares have been reserved for qualified institutional buyers (QIBs), 9.18 lakh shares for High Net-worth Individuals (HNIs) and 21.38 shares will be provided to the public. Photo: https://thecrayon