Injecto Polymers, a polymer-based packaging solutions maker, will launch its SME initial public offering on September 11 to raise Rs 56.12 crore for supporting its growth initiatives.
The Kolkata-based company has fixed the price band at Rs 90-100 per share for its IPO, which will conclude on September 16.
The anchor book will open on September 10, according to a statement.
The company's shares will list on the BSE SME with a tentative listing date of September 21. The initial public offering (IPO) is entirely a fresh issue of 56.12 lakh shares aggregating to Rs 56.12 crore.
Net proceeds worth Rs 30.50 crore will be utilised for the expansion of its existing manufacturing facility in West Bengal.