Abram Food Limited, a Rajasthan-based packaged food manufacturer, is launching its IPO on June 24 to raise ₹13.99 crore through a fresh issue of equity shares. The IPO, priced at ₹98 per share, will list on the BSE SME platform on July 1. The company plans to utilize the IPO proceeds for machinery purchase, working capital, and general corporate purposes.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets