Crayons Advertising files DRHP with NSE Emerge to go public
Is the first major advertising agency to go public in India
by
Published: Mar 3, 2023 10:57 AM | 1 min read
Follow Us
Crayons Advertising Limited has filed a Draft Red Herring Prospectus (DRHP) with NSE Emerge for its initial public offering.
The company plans to offer 64.30 lakh Equity Shares of face value Rs 10 each through the book-building process. Corporate Capital Ventures is the book-running lead manager to the issue, while Skyline Financial Services is the registrar of the issue.
The proceeds from the initial public offering will be used in building infrastructure and cutting-edge technology for expansion (Rs. 15.28 crore) and funding working capital requirements (Rs. 14.50 crore).
Read more news about Marketing News, Advertising News, PR and Corporate Communication News, Digital News, People Movement News
For more updates, be socially connected with us on
Instagram,
LinkedIn,
Twitter,
Facebook,
YouTube
&
Google
News