Robokidz Eduventures Ltd. has announced public offering of 2932800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 96.00 per share. The gross proceeds of the issue are expected to be Rs 3,108.77 lakhs.
The company's initial public offer (IPO) will open on 21 September 2026 and is expected to close on 23 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 100.00-106.00 per share.
The IPO includes a fresh Issue of 2932800 Equity Shares of the Company at an price of Rs 106.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Robokidz Eduventures Ltd. anticipates using the proceeds of the issue for Funding the working capital requirements of the company Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company To meet General corporate purposes.
GYR Capital Advisors Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.