HRS Aluglaze is set to launch its initial public offering (IPO) for bidding at Dalal Street on Thursday, December 11. The metal solutions player shall be offering its shares in the range of Rs 94-96 apeice, which can be applied for a minimum of 1,200 equity shares and its multiples thereafter. The issue shall conclude for subscription on Monday, December 15. Advertisement

HRS Aluglaze eyeing to raise a total of Rs 50.92 crore via IPO which includes a fresh share sale 53.04 lakh equity shares at the upper end of the price band The net proceeds from the issue shall be utilized towards funding the capital expenditure to set up assembly and glass glazing line, working capital needs and general corporate purposes.

Each lot of the company is valued at Rs 1,15,200. Retail investors can apply f

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