A company called Esprit Stones is going to sell its shares to the public for the first time. This is called an Initial Public Offering (IPO). The company makes things like kitchen tops and bathroom walls using special stones.
The IPO will start tomorrow, July 26th, and will end on July 30th. If you want to buy shares, you can do so during this time. The price of each share will be between Rs 82 and Rs 87.
Esprit Stones wants to collect Rs 50.42 crores by selling its shares. They will use this money to grow their business and make more products.
Esprit Stones is a company that makes things like kitchen tops and bathroom walls using special stones. They are now offering a chance for people to become part of their company by buying shares.
Important Dates:
- IPO opens: July 26, 2024
- IPO closes: July 30, 2024
- Allotment of shares: July 31, 2024
- Shares start trading: August 2, 2024
Remember: Investing in shares can be risky. The value of shares can go up or down.
Deciding to invest in an IPO is not easy. You should do your own research or talk to a financial advisor before investing. Look at the company’s past performance, its plans for the future, and the overall market conditions.