Studio LSD Ltd. has announced public offering of 13750000 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 52.00 per share. The gross proceeds of the issue are expected to be Rs 7,425.00 lakhs.
The company's initial public offer (IPO) will open on 18 August 2025 and is expected to close on 20 August 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 51.00-54.00 per share.
The IPO includes a fresh Issue of 13750000 Equity Shares of the Company at an price of Rs 54.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Studio LSD Ltd. anticipates using the proceeds of the issue for .
Corpwis Advisors Pvt. Ltd. as lead manager & Purva Sharegistry (India) Pvt. Ltd. is the registrar, to the issue.